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Industrial Land Development Opportunity
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23740 SW Grahams Ferry Road, Sherwood, OR 97140

9.99 acres of land suitable for industrial development.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market849

Property Features for 23740 SW Grahams Ferry Road

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Land
Zoning FD-20 (Washington County), future BCE (City of Tualatin)
Investment Type Owner/User
Listing Agency: Macadam Forbes
Listed By: Rhys Konrad · License #OR 201205396
Source: Crexi
Added: May 9, 2024 Changed: Sep 2 Last Checked: Sep 4 at 12:24PM

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.

This is an opportunity for an owner-user or developer to acquire approximately 9.99 acres of property intended for industrial use. The current Washington County zone conditionally allows contractor's uses, which could be an interim solution before the property is annexed into the City of Tualatin. Following annexation, the property will be zoned BCE, allowing a variety of industrial uses. The site is currently accessed from Grahams Ferry Road, near the intersection of Tonquin Road. The property has rolling topography, and has PGE transmission lines running through the eastern portion. The property is located just to the East of the major intersection of Basalt Creek Parkway and SW Graham's Ferry Road, within close proximity to I-5. Featured for development in Washington County FD-20 or future industrial development in the City of Tualatin.

Key Highlights

  • 10 AC of property suitable for industrial use.
  • Located in close proximity to I‑5.
  • Featured for development in Washington County and City of Tualatin.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Law Firm Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 9.99 acres of land suitable for industrial development.
Where is this industrial land located?
The property is located at 23740 SW Grahams Ferry Road Sherwood, OR.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 10 AC of property suitable for industrial use.; Located in close proximity to I‑5.; Featured for development in Washington County and City of Tualatin.
(503) 227-2500 Call to check price and availability
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