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    Sheridan, OR 97378

    Sponsored
    For Sale
    $399,000

    Prime Sheridan location, 3,552 sq ft building.

    Property size:
    3,552 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located in the desirable NW Washington area of Sheridan, Oregon, presents a unique investment opportunity. The building boasts a substantial 3,552 square feet of space, offering ample room for a variety of business ventures. Situated on a conveniently sized 0.2-acre lot, the property provides sufficient outdoor space for parking, loading, or potential expansion. The building's versatile "Other" property type allows for creative adaptation to suit diverse business needs. The asking price of $399,000 represents a compelling value for a property of this size and location in Sheridan. Its prime location within Sheridan offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in a thriving community. The property is ready for immediate occupancy, presenting a chance to establish or relocate your business without delay. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. Further details regarding the property's specific features and zoning are available upon request. Don't miss this opportunity to secure a valuable asset in the heart of Sheridan.

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,552 SF
    Lot Size
    8,712 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sheridan
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.3964
    Latitude
    45.09961

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    Nearby Similar for Sale

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      240 NW Washington St, Sheridan, OR 97378
      View Details
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      503 SE Sheridan Rd, Sheridan, OR 97378
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    FAQs

    What type of property is this?
    Commercial real estate - Prime Sheridan location, 3,552 sq ft building.
    Where is this commercial real estate located?
    The property is located at Sheridan, OR.
    What is the asking price?
    The asking price for this property is $399,000.
    (503) 588-0400
    Request Owner's contact information
    Sheridan, OR 97378
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sheridan, OR 97378
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