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

    28860 SW VILLEBOIS N Wilsonville, OR 97070

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $245,000

    High-visibility corner parcel in Wilsonville's Villebois Village Center.

    Type:Land or Vacant Lot
    Added:
    Apr 8, 2026
    Days on Market:
    11
    Last Refresh:
    Apr 8 at 8:32 pm

    Property Features for 28860 SW VILLEBOIS N

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    BRADLEY KING

    Listing agent BRADLEY KING License #201235429

    Listing office KELLER WILLIAMS REALTY PORTLAND PREMIERE

    Listing date Apr 8, 2026

    Source Corcoran

    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 KELLER WILLIAMS REALTY PORTLAND PREMIERE

    Overview

    Villebois Village Center Development Opportunity

    This is a rare development opportunity to acquire a high-visibility, corner-profile parcel in the heart of Wilsonville’s award-winning Villebois Village Center. Zoned Village (V) Commercial, this strategic site (Parcel 05033905) is the centerpiece of a vibrant, transit-oriented community, designed for a landmark mixed-use project featuring ground-floor retail, professional office suites, or high-density multifamily units. Positioned along the main pedestrian and transit spine, the property offers unmatched road frontage and immediate access to utilities and a captive, affluent demographic of thousands of households within walking distance. With “Specific Area Plan” Central Villebois design guidelines ensuring long-term architectural integrity and the SMART transit system nearby, this shovel-ready land is primed for an investor or developer looking to capitalize on the commercial expansion of one of Oregon’s most successful master-planned neighborhoods.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Spa & Massage Center Building Supply Gym & Fitness Center Accounting Firm Auto Repair Shop Daycare Center Big Box & Wholesale Store Department Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilsonville
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.796546
    Latitude
    45.30983

    Nearby Similar for Sale

    • $965,000

      Wilsonville Land For Sale

      2.49 acre land available in Wilsonville, Oregon.
      5565 SW KRUSE Rd, Wilsonville, OR 97070
      View Details
    • $245,000

      Wilsonville Corner Parcel Development Opportunity

      High-visibility corner parcel in Wilsonville's Villebois Village Center.
      28860 SW VILLEBOIS Dr N, Wilsonville, OR 97070
      View Details
    • $2,200,000

      Wilsonville Land with Development Potential

      Rare infill opportunity in Wilsonville, close to schools and amenities.
      7310 SW BOECKMAN Rd, Wilsonville, OR 97070
      View Details
    • $2,950,000
      13,534 SF

      Well-Maintained Office Building For Sale

      Two-tenant office building with I-5 frontage and high traffic exposure.
      29755 Southwest Boones Ferry Road, Wilsonville, OR 97070
      View Details
    • $1,600,000

      Wilsonville Land with Development Potential

      Rare infill opportunity in Wilsonville, close to schools and amenities.
      7400 SW BOECKMAN Rd, Wilsonville, OR 97070
      View Details
    • Contact for pricing

      Multi-Tenant Office Building For Sale

      Multi-tenant office building with stable tenants and immediate I-5 access.
      8600 SW Salish Lane, Wilsonville, OR 97070
      View Details
    • Contact for pricing

      Wilsonville Industrial Hub Office Space

      Office space in Wilsonville's industrial hub with freeway access.
      10100 SW Commerce Circle, Wilsonville, OR 97070
      View Details
    • $2,595,000
      6,688 SF

      Fully Leased Two-Building Portfolio

      Two-building portfolio ideal for investors or owner-users.
      30250 SW Parkway Ave, Wilsonville, OR 97070
      View Details
    • $1.04
      39,300 SF

      I-5 Accessible Warehouse Space

      Temperature-controlled warehouse with I-5 access and grade-level door.
      9120 - 9150 SW Pioneer Court | Wilsonville, OR 97070, OR 97070
      View Details
    • Contact for pricing
      122,500 SF

      Two-Story Flex Building For Rent

      Two-story flex building totaling 122,500 SF, suitable for office/industrial.
      9275 SW Peyton Ln, Wilsonville, OR
      View Details
    • $6,950,200
      34,751 SF

      Industrial Property in Wilsonville, Oregon

      Industrial property available for sale in Wilsonville, Oregon.
      10000-10100 SW Commerce Cir, Wilsonville, OR
      View Details
    • $255,000
      964 SF

      Updated Condo in Wilsonville

      Recently updated condo with modern amenities in a convenient location.
      29700 SW COURTSIDE DR #34, Wilsonville, OR 97070,
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility corner parcel in Wilsonville's Villebois Village Center.
    Where is this commercial land located?
    The property is located at 28860 SW VILLEBOIS N Wilsonville, OR.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: High‑visibility, corner‑profile parcel in Wilsonville’s Villebois Village Center.; Zoned Village (V) Commercial for mixed‑use development (retail, office, multifamily).; Located along the main pedestrian and transit spine with unmatched road frontage.
    (503) 597-2444
    We can help!
    Listing Contact
    BRADLEY KING
    Real Estate License ID: 201235429
    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!