Sherwood Office
For Sale
Contact for pricing
20508 SW Roy Rogers, Sherwood, OR 97140
Office units with off-street parking and HOA coverage including water, sewer, garbage, and common area maintenance.
Property Size1,957 SF
Price / SF$254.98
Days on Market472
Property Features for 20508 SW Roy Rogers
General Information
Standard status
Active
Size
1,957 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Macadam Forbes
(503) 972-7280
Listed By:
Brett Bayne · License ##940700089
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 26
Last Checked: Jul 29 at 4:05PM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
These office units offer off-street parking and an HOA structured to cover essential property services. The monthly HOA is $589.00 and includes water/sewer, garbage, and common area maintenance.
Located in Sherwood with convenient Highway 99 access, the property benefits from abundant amenities nearby.
With a total size of 1,957 square feet, this offering is suited for buyers looking for an office configuration that includes ongoing common-area support through the HOA.
Located in Sherwood with convenient Highway 99 access, the property benefits from abundant amenities nearby.
With a total size of 1,957 square feet, this offering is suited for buyers looking for an office configuration that includes ongoing common-area support through the HOA.
Key Highlights
- Off‑street parking available
- Sherwood location with Highway 99 access
- HOA is $589/month and includes water/sewer, garbage, and common area maintenance
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.6k | $22.80 |
| − Vacancy | −$10.8k | −$5.54 |
| EGI | $33.8k | $17.26 |
| − OpEx | −$8.4k | −$4.31 |
| NOI | $25.3k | $12.94 |
1,957 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$361.9K
$316.7K – $422.2K
NOI $25,333 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$528.2K
$462.2K – $616.3K
NOI $36,977 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 97140, OR
28,365
Population
9,540
Households
3
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
44.6 sq mi
ZIP Area
636
Density / Sq Mi
$119,241
Median Household Income
$58,718
Median Earnings
$1,934
Median Rent
$618,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office units with off-street parking and HOA coverage including water, sewer, garbage, and common area maintenance.
Where is this office units located?
The property is located at 20508 SW Roy Rogers Sherwood, OR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Off‑street parking available; Sherwood location with Highway 99 access; HOA is $589/month and includes water/sewer, garbage, and common area maintenance
