Property profile

17025 University Ave Sandy, OR 97055

FOR SALE
Commercial land
Property ID
US71-0887095
1,408 SF 0.26 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.26-acre commercial land parcel, located at 17025 University Ave in Sandy, Oregon (zip code 97055), presents a unique investment opportunity. Zoned C2 – General Commercial, this property allows for a wide range of retail uses. The existing structure on the site is not factored into the value and is recommended for demolition, offering a blank canvas for new development. The lot size totals 11,325 square feet, providing ample space for a variety of commercial projects. Its prime location in Sandy, Clackamas County, Oregon, ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in a thriving community. The property's latitude and longitude coordinates are 45.4002982, -122.2747917, respectively. This is a single-lot property with significant potential for immediate development or future investment. The C2 zoning ensures flexibility in development plans, catering to a wide array of retail businesses. This is a rare opportunity to acquire a well-situated commercial lot in a growing area, ready for redevelopment to suit your vision. The property's size and zoning make it an attractive prospect for investors and developers alike, offering a chance to create a significant commercial presence in Sandy, Oregon. Don't miss this chance to secure this valuable piece of commercial real estate.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1940
Total area 1,408 SF
Lot 0.26 ac (11,326 SF)
Zoning code C2
APN 24E14AD02300
UPID US71-0887095

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17025 University Ave Sandy, OR 97055
Sandy metro Census 23404 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

C2 · Sandy, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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