Investment Overview

The Sandy Highway 26 Development Site, is 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.