Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21825 SW Dahlke Lane Sherwood, OR 97140

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial land in the heart of the I-5 corridor market.

    Type:Land
    Added:
    Jan 27, 2026
    Days on Market:
    64
    Last Refresh:
    Mar 25 at 10:27 pm

    Property Features for 21825 SW Dahlke Lane

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Zach Reichle

    Listing agent Zach Reichle License #OR #201246634

    Listing office

    Listing date Jan 27, 2026

    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 Zach Reichle

    Overview

    Prime Industrial Land I-5 Corridor

    This industrial land is situated between multiple large industrial buildings currently under development. The site is adjacent to the future Sherwood Commerce Center, slated for completion in the Spring of 2023, which will encompass 435,107 square feet of industrial buildings. It is also located next to the Willamette Water Districts' new reservoir facility. The property benefits from its location in the heart of the I-5 corridor industrial market, offering convenient freeway access to both 99W and I-5. It is also located minutes from the cores of both Sherwood and Tualatin. A new road is under construction starting from 124th Avenue, connecting to Oregon Street. The property is located inside the Urban Growth Boundary for the City of Sherwood and is zoned FD-20.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Gym & Fitness Center Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Washington
    State
    Oregon
    Longitude
    -122.814
    Latitude
    45.3619

    Nearby Similar for Sale

    • $729,000
      2,100 SF

      Dual-Living Opportunity Near Old Town

      Two homes on one lot near Sherwood's Old Town.
      22904 SW PINE St, Sherwood, OR 97140
      View Details
    • $550,000

      Sherwood Land with Mountain Views

      Residential land with stunning views in a gated community.
      16997 SW Parrett Mountain Rd, Sherwood, OR 97140
      View Details
    • $415,000

      Residential Land in Sherwood, Oregon

      Close-in 1.86-acre lot ready to build near amenities.
      20194 SW Kruger Rd, Sherwood, OR 97140
      View Details
    • $630,000
      2,050 SF

      Renovated Office Building in Sherwood

      Recently renovated 2,050 SF office building with modern amenities.
      22467 SW Ash 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
    • $1.10
      24,000 SF

      Sherwood Industrial Center For Sale

      Three-building industrial center with warehouse, offices, and ample parking.
      20746 SW Olds Place | Sherwood, OR 97140, OR 97140
      View Details
    • $2,400,000

      Light Industrial Land For Sale

      Newly zoned light industrial land close to I-5.
      10630 SW TONQUIN LOOP, SHERWOOD, OR 97140
      View Details
    • Contact for pricing

      Wilsonville Industrial Land Available

      Industrial land with utilities and freeway access in Wilsonville.
      25020 SW Garden Acres Rd , Sherwood, OR 97140
      View Details
    • $3,950,000

      Industrial Land Opportunity Near Tualatin

      9.99 acres of land suitable for industrial development.
      23740 SW Grahams Ferry Rd, Sherwood, OR
      View Details
    • $4,100,000

      Industrial Land For Sale

      Industrial land available for sale with annexation potential.
      21370 SW Dahlke Lane, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Land in Rural Reserves

      Land requires annexation and site plan submission for industrial zoning.
      Gerda Lane, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Sherwood, OR Agricultural Land Parcel

      11.45 AC parcel in Sherwood, OR, zoned EFU.
      20260 SW Pacific Hwy., Sherwood, OR 97140
      View Details

    FAQs

    What type of property is this?
    Industrial land - Industrial land in the heart of the I-5 corridor market.
    Where is this industrial land located?
    The property is located at 21825 SW Dahlke Lane Sherwood, OR.
    What are key features of this property?
    This property features: Located in the heart of the I‑5 corridor industrial market.; Adjacent to the future Sherwood Commerce Center (435,107 SF of industrial buildings).; In the middle of new industrial development by Trammel Crow & Harsch Investment.
    (503) 706-0562
    We can help!
    Listing Contact
    Zach Reichle
    Real Estate License ID: OR #201246634
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!