5005 Sandy Blvd Portland, OR 97213-1941
Property Lookup
Property profile & analytics
5005 Sandy Blvd Portland, OR 97213-1941
- Office properties & Spaces
- 31,716 SF
- 0.64 lot acres
Property ID
US71-0677213
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.
Location Intelligence
Current Use by Public Records
- The Portland Clinic-Northeast / Medical Clinic
- Tara Heeney, DO - The Portland Clinic / Pediatrician / Physician
- Amelia McConaghy, DO - The Portland Clinic / Pediatrician / Physician
- Justin Pavlovich, MD - The Portland Clinic / Physician
- Albert Khine, MD - The Portland Clinic / Physician
Property Details for 5005 Sandy Blvd
- Year built
- 2018
- Lot size
- 0.64 lot acres
- Property size
- 31,716 SF
- Zone code
- CS
- Property type
- Office properties & Spaces
- APN
- 1N2E30CA 02100
- APU
- 1N2E30CA02100
Description
This exceptional 7,398 square foot retail space, located at 5005 NE Sandy Boulevard in Portland, Oregon, presents a unique investment opportunity. Built in 2018, the property boasts a total building size of 31,716 square feet and is situated within a CM2 - Commercial Mixed Use zoning district in Multnomah County. The space is currently vacant and offers significant potential for a variety of retail uses. Previously occupied by a fully functioning grocery store with a commercial kitchen, the layout is adaptable and can be leased as-is or subdivided to suit a tenant's specific needs. The building offers off-street parking located at the rear of the structure, providing convenient access for customers and employees. The property's address is 5005 NE Sandy Blvd, Portland, OR 97213. Its prime location in Portland offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's 2018 construction ensures modern amenities and efficient design. This is a single-tenant space, offering a streamlined leasing process and potential for long-term stability. The existing infrastructure, including the commercial kitchen, presents a significant advantage for food-related businesses or those requiring specialized equipment. This property represents a rare opportunity to acquire a well-located, versatile retail space in a thriving Portland neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,115,000
- AI Estimate
- $12,115,000
Market price range: $6.71M - $12.1MMarket price range: $6.71M - $12.1M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $7,990,000 Current use
- RESTAURANT
- $10,860,000 Change: +36% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $9,685,000 Change: +21% Conversion: Difficult
- MEDICAL BUILDING
- $9,580,000 Change: +20% Conversion: Easy
- OFFICE BUILDING
- $9,165,000 Change: +15% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $8,435,000 Change: +6% Conversion: Moderate
- RETAIL STORES
- $7,280,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.611
- Latitude
- 45.5399
- 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
$195,971
$0.00
$0.00
$7,395,510
-
$3,334,320
$14,278,190
$17,612,510
