Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    SW Tualatin-Sherwood Rd Sherwood, OR 97062

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Newly constructed industrial park with high visibility and easy access.

    Property Features for SW Tualatin-Sherwood Rd

    General Information

    Zoning
    GI, General Industrial, City of Sherwood

    We can help!

    Listing Contact
    Kevin Vandenbrink
    Kevin Vandenbrink
    Source: Macadamforbes

    Listing Agent: Kevin Vandenbrink

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Industrial Park in Sherwood

    Cipole Industrial Park, a new project by Phelan Development in the Portland market, features three buildings, each on its own lot. Located on the east end of the Sherwood market, adjacent to the City of Tualatin boundary, the park offers access to Cipole Road and Wildrose Place, providing truck access and visibility to SW Tualatin-Sherwood Road. The location is served by several crucial arterials, allowing multiple access paths to highways and other parts of the Portland metro area, including lighted access at SW Tualatin-Sherwood Road and easy access to Herman Road. Construction was newly completed in Summer 2020. The City of Sherwood continues to grow with additional housing and commercial amenities delivered in recent years. Cipole Industrial Park is zoned GI, General Industrial, City of Sherwood, and is suited to offer high visibility, easy access to multiple transit paths, and close proximity to service amenities.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Map

    City
    Sherwood
    County
    Washington
    State
    Oregon
    Longitude
    -122.764
    Latitude
    45.3689

    Nearby Similar for Sale

    • $224,800

      Sherwood Condo with Modern Amenities

      Ground-level corner condo in Sherwood with updated features and community amenities.
      22802 SW Forest Creek Dr, Sherwood, OR 97140
      View Details
    • $595,000
      139,086 SF

      Office Suite on Roy Rogers

      Ground-floor office suite with ample parking and easy highway access.
      20512 Southwest Roy Rogers Rd, Sherwood, OR 97140
      View Details
    • $345,000

      Sherwood Condo with Community Amenities

      Well-maintained 3-bedroom condo in desirable Sherwood location with community amenities.
      22802 SW Forest Creek Dr, Sherwood, OR 97140
      View Details
    • $320,000

      Updated Condo in Woodhaven Community

      Move-in ready condo with updated features and community amenities.
      22864 SW Forest Creek Dr, Sherwood, OR 97140
      View Details
    • Contact for pricing
      24,000 SF

      Sherwood Industrial Center For Sale

      Three-building industrial center with warehouse, offices, and ample parking.
      20746 SW Olds Pl, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Retail, House, and Storage Building

      Retail space, house, and storage building with I-5 access.
      Sherwood, OR 97140
      View Details
    • Contact for pricing

      Sherwood Warehouse Space Available

      Warehouse/shop space available near I-5 corridor starting July 1, 2021.
      11277 SW Clay St, Sherwood, OR 97140
      View Details
    • Contact for pricing
      51,064 SF

      Sherwood Ice Arena For Sale

      Premier full-service ice rink with revenue-generating potential.
      20407 SW Borchers Dr, Sherwood, OR 97140
      View Details
    • $2,950,000
      7,500 SF

      Sherwood Industrial Property

      7,500 SF Warehouse, 3.21 Acres
      21100 Oregon St, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Sherwood Multifamily Investment Opportunity

      Prime Sherwood location, multi-use potential.
      22315 Pine St, Sherwood, OR 97140
      View Details
    • $510,000
      1,853 SF

      Sherwood Medical Suite - Prime Location

      Spacious medical/office suite, ideal location, ample parking.
      20508 Roy Rogers Rd, Sherwood, OR 97140
      View Details

    FAQs

    What type of property is this?
    Distribution property - Newly constructed industrial park with high visibility and easy access.
    Where is this distribution property located?
    The property is located at SW Tualatin-Sherwood Rd Sherwood, OR.
    What are key features of this property?
    This property features: - Newly constructed (Summer 2020); - Excellent truck access and visibility to SW Tualatin-Sherwood Road; - Located in the growing Sherwood market near Tualatin
    (503) 972-7289
    Request Owner's contact information
    SW Tualatin-Sherwood Rd Sherwood, OR 97062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    SW Tualatin-Sherwood Rd
    Sherwood, OR 97062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    SW Tualatin-Sherwood Rd Sherwood, OR 97062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Vandenbrink
    Kevin Vandenbrink
    Real Estate License ID: #990200037
    (503) 972-7289
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.