930 SE Sandy Blvd Portland, OR 97220
Property profile & analytics
930 SE Sandy Blvd Portland, OR 97220
- Retail space
- 6,300 SF
- 0.14 lot acres
Property ID
US71-0882052
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
- Jackie's / Bar & Pub
- Perfection Custom Print Solutions / Marketing & Advertising / Printing Service
Property Details for 930 SE Sandy Blvd
- Year built
- 1959
- Lot size
- 0.14 lot acres
- Property size
- 6,300 SF
- Zone code
- EXD
- Property type
- Retail space
- APN
- 1N1E35CD 08700
- APU
- 1N1E35CD08700
Description
This fee-simple ownership opportunity presents a highly successful, net-leased restaurant and bar in Portland, Oregon's desirable inner east side. Located at 930 SE Sandy Blvd, this 6,300 square foot property boasts a 6.14% cap rate and a substantial net operating income (NOI) of $264,000. The property, built in 1959 and extensively renovated in 2016 (including electrical, HVAC, waterlines, and a sprinkler system), sits on a 0.14-acre lot and is zoned EX. The current tenant, Jackie's, enjoys a 100% occupancy rate under a single-tenant, NNN lease with a remaining term of 6.5 years, expiring May 31, 2031. The lease commenced December 5, 2021, and includes 3% annual rent escalations beginning June 2027, ensuring consistent income growth. The tenant's proven success and strong sales figures demonstrate reliability and performance, making this a secure investment. Its proximity to the prestigious Soho House further enhances its appeal within this vibrant, high-demand area. The asking price is $4,300,000. This fully stabilized asset offers a compelling combination of a premier location, a well-established tenant, and built-in rent growth, making it an exceptional addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,731,000
- AI Estimate
- $2,731,000
Market price range: $963k - $2.82MMarket price range: $963k - $2.82M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,025,000 Current use
- RESTAURANT
- $2,155,000 Change: +6% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,925,000 Change: -5% Conversion: Difficult
- MEDICAL BUILDING
- $1,905,000 Change: -6% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,865,000 Change: -8% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,825,000 Change: -10% Conversion: Easy
- OFFICE BUILDING
- $1,820,000 Change: -10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.656
- Latitude
- 45.521
- 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
$17,542
$0.00
$0.00
$662,000
-
$904,880
$1,449,880
$2,354,760
