Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stand-Alone Industrial Building in Tualatin Title is generated by Realmo AI

    10350 SW Herman Road, Tualatin, OR 97062

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Pristine industrial building in Tualatin with dock and grade.

    Type:Office
    Added:
    Nov 25, 2025
    Days on Market:
    168
    Last Refresh:
    Apr 5 at 10:11 pm

    Property Features for 10350 SW Herman Road

    General Information

    Standard status
    Active
    Property subtype
    Office

    We can help!

    Listing Contact
    Stu Peterson, SIOR

    Listing agent Stu Peterson, SIOR License #OR #820300052

    Listing office

    Listing date Nov 25, 2025

    Source Macadamforbes

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

    All listing content including descriptions, pricing, images are the copyrighted material of Stu Peterson, SIOR

    HighLights

    • Stand‑alone industrial building.
    • Divides naturally into half with dock and grade on each side.
    • Located in close‑in Tualatin.
    • Designed by Mildren Design Group.
    • Constructed by Perlo Construction.
    • 28 off‑street parking spaces.

    Overview

    This stand-alone industrial building, designed by Mildren Design Group and constructed by Perlo Construction, is located in Tualatin. The property features 28 off-street parking spaces. The building divides naturally into half, providing both dock and grade-level access on each side. The facility is situated near SW Herman Road and SW Teton Avenue.
    Location Intelligence

    Current Use by Public Records

    Office ready Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tualatin
    County
    Washington
    State
    Oregon
    Longitude
    -122.781
    Latitude
    45.3845

    Nearby Similar for Sale

    • $999,000

      Tualatin Fourplex Investment Opportunity

      Fourplex in Tualatin, fully leased, income-producing, great location.
      19486 SW 67TH Ave, Tualatin, OR 97062
      View Details
    • $639,500
      2,058 SF

      Tualatin Duplex: Income Opportunity

      Income-producing duplex in Tualatin with recent updates and great location.
      19778 SW 68TH Ave, Tualatin, OR 97062
      View Details
    • $2,375,000
      3,828 SF

      Tualatin Flex Space For Sale

      Flex space with office, grade and dock doors, near highways.
      18254-18256 SW 100th Court, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Fully Leased Flex/Industrial Building

      Located in Hedges Creek Business Park, Tualatin, Oregon.
      11501 SW Amu Street, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Unique Flex Building in Tualatin

      Two-story, 51,012 SF flex building with high-tech features.
      20111 SW 112th Avenue, Tualatin, OR 97062
      View Details
    • Contact for pricing
      18,430 SF

      Tualatin Industrial Building in Opportunity Zone

      Stand-alone industrial building with warehouse and office space in Tualatin.
      19355 SW Teton Avenue, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Tualatin Professional Center Office Space

      Office space with prominent visibility near Legacy Meridian Park Medical Center.
      6464 SW Borland Road , Tualatin, OR 97062
      View Details
    • Contact for pricing

      Lam Research Industrial Campus

      Two-building industrial campus 100% leased to Lam Research.
      18623-18625 SW 108th Avenue, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Well-Maintained Facility in Great Location

      Distribution or light manufacturing facility with efficient office layout.
      18057 SW Teton Avenue, Tualatin, OR 97062
      View Details
    • $5,550,000
      36,400 SF

      Tualatin Warehouse and Office Space

      Two-building industrial property with warehouse and office space for sale.
      8498 SW Warm Springs St, Tualatin, OR
      View Details
    • $1.60
      26,000 SF

      Industrial Property with Excellent Power

      Industrial property featuring grade level doors, superb parking, and gated entry.
      19450 SW Cipole Road | Tualatin, OR 97062, OR 97062
      View Details
    • Contact for pricing

      Tualatin Manufacturing/Warehouse Opportunity

      Manufacturing/warehouse building in Tualatin, available January 1, 2026.
      12225 SW Myslony Street, Tualatin, OR 97062
      View Details

    FAQs

    What type of property is this?
    Industrial property - Pristine industrial building in Tualatin with dock and grade.
    Where is this industrial property located?
    The property is located at 10350 SW Herman Road Tualatin, OR.
    What are key features of this property?
    This property features: Stand‑alone industrial building.; Divides naturally into half with dock and grade on each side.; Located in close‑in Tualatin.
    (503) 972-7288
    We can help!
    Listing Contact
    Stu Peterson, SIOR
    Real Estate License ID: OR #820300052
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    10350 SW Herman Road, Tualatin, OR 97062
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!