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    20437 Sandy Blvd Fairview, OR 97024-9774
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    Property profile & analytics

    20437 Sandy Blvd Fairview, OR 97024-9774


    • Warehouses
    • 11,520 SF
    • 1.20 lot acres
    Off-Market
    Last Sale Sep 5, 2024
    $2,375,000
    Property ID
    US71-0986597
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,960,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 20437 Sandy Blvd

    Year built
    1999
    Lot size
    1.20 lot acres
    Property size
    11,520 SF
    Zone code
    LI
    Property type
    Warehouses
    APN
    1N3E28BB 00503
    APU
    1N3E28BB00503

    Description

    This exceptional 11,520-square-foot industrial property, located at 20437 NE Sandy Blvd, Fairview, OR 97024, presents a compelling investment opportunity. Situated on a 1.2-acre lot in Multnomah County, this light industrial building, constructed in 1999, boasts a versatile layout ideal for manufacturing and warehousing operations. The building features a spacious 11,520 square feet of net rentable area, including a 2,300-square-foot office space and a 2,100-square-foot mezzanine above the office. High ceilings ranging from 14 to 22 feet provide ample vertical space, complemented by two 12' x 12' grade-level loading docks. The property benefits from robust power infrastructure, including approximately 480v, 3-phase, 800-amp service. Built with a web steel frame, metal siding, and a standing seam metal roof, the structure is durable and well-maintained. Climate control is ensured with two 20-ton gas packs, heating and cooling the manufacturing area. The building also includes R-21 wall insulation and R-38 ceiling insulation. Safety features include a monitored fire and burglar alarm system with duct smoke detectors integrated with the HVAC system. The property's 125 lbs/sf live load capacity further enhances its functionality. Annual property taxes are $7,096. This property is available in Q1 2023 and is offered at an asking price of $2,450,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,540,000
      Market price range: $1.54M - $3.58M
      AI Estimate
      $1,540,000
      Market price range: $1.54M - $3.58M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,400,000
      Current use
      COMMERCIAL (GENERAL)
      $3,265,000
      Change: +36% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,030,000
      Change: +26% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.453
    Latitude
    45.5454
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,461
    $0.00
    $0.00
    $426,770
    -
    $376,360
    $668,570
    $1,044,930
    More about this property
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