Sandy Highway 26 Development Site
$850,000
1.44 AC I 38015 US-26, Sandy, OR 97055
A Development Opportunity Along Sandy’s Highway 26 Corridor
The Christensen Group is pleased to present the Sandy Highway 26 Development Site, a 1.44-acre mixed-use development opportunity located at approximately 38015 US-26 in Sandy, Oregon. Offered at $850,000, the property provides investors and developers an attractive land basis along Sandy’s primary commercial corridor with immediate access to retail, grocery, dining, schools, employment, and the Portland–Mt. Hood corridor.
The site has undergone substantial prior planning and development work for a 42-unit multifamily project over ground-floor self-storage, providing a prospective buyer with a meaningful head start compared with beginning from raw land.
C-2 General Commercial zoning provides additional flexibility for mixed-use and commercial concepts, including potential food-cart-oriented development and other commercial uses, subject to current City requirements and approvals.
With a land basis of approximately $13.55 per square foot and approximately $20,238 per planned multifamily unit, the property offers a compelling opportunity to pursue multifamily, mixed-use, storage, or alternative commercial development strategies.
Property Highlights
1.44-acre development site along Sandy’s Highway 26 commercial corridor
Offered at $850,000, equating to approximately $13.55 per land square foot
Prior 42-unit multifamily development concept with ground-floor self-storage
Approximately $20,238 per planned residential unit based on the prior concept
Extensive prior architectural, civil, and site-planning work completed
C-2 General Commercial zoning provides flexibility for mixed-use and alternative commercial concepts
Potential alternative uses may include food-cart-oriented development and other neighborhood-serving commercial uses, subject to City approval
Immediate access to grocery, retail, dining, schools, and community services
Strategic location between the Portland metro area and Mt. Hood recreation corridor
Opportunity to acquire a site with meaningful pre-development work already completed at a lower basis than the prior offering price