Add Listing
    For Lease
    • 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

    21190 Oregon St Sherwood, OR 97140

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    7,500 SF Warehouse, 2.28 Acres, Sherwood, OR

    Lot size:
    7,500 SF

    Property Features for 21190 Oregon St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Spaces For Lease

    at 21190 Oregon St, Sherwood, OR 97140 Contact us

    We can help!

    Listing Contact
    Nathan Getty

    Listing Agency: Macadam Forbes Listing Agent: Nathan Getty

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

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property, located at 21190 SW Oregon St in Sherwood, Oregon, presents a significant opportunity. The single-tenant warehouse boasts a total of 7,500 square feet of space, currently vacant and ready for immediate occupancy. Situated on a generous 2.28-acre lot, the property offers ample space for operations and storage. The site is fully fenced and graveled, enhancing security and functionality. A significant advantage is the inclusion of a 1,080 square foot office/dispatch building, providing valuable administrative space. The property is zoned FD-20 within Washington County, offering flexibility for various industrial uses. The convenient Sherwood location provides easy access to major transportation routes, making it an ideal location for distribution and logistics businesses. This property is perfect for a company seeking a well-maintained, spacious warehouse with ample outdoor space in a prime location. The 1.67-acre yard site provides significant potential for expansion or additional storage. All 7,500 square feet are available now. This is a rare opportunity to acquire a fully functional industrial property in a desirable location. Contact us today to schedule a showing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Washington
    State
    Oregon
    Longitude
    -122.8166082
    Latitude
    45.3659857

    Nearby Similar for Lease

    • Contact for pricing

      Sherwood Industrial Space For Lease

      New industrial development with warehouse and office space for lease.
      21600 SW Oregon St, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Industrial Space with Heavy Power

      Industrial space featuring heavy power, grade doors, and office space.
      20525 SW Cipole Rd, Sherwood, OR 97140
      View Details
    • Contact for pricing
      4,500 SF

      Restaurant Space with Outdoor Seating

      Second-generation restaurant space with outdoor seating available in Sherwood.
      16826 SW Edy Rd, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Tualatin Sherwood Road Industrial Space

      5,760 SF industrial space with office in Tualatin.
      13985 SW Tualatin Sherwood Rd, Sherwood, OR 97140
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Sherwood Corridor

      Retail property for lease in the heart of Sherwood.
      16160-16470 SW Langer Dr, Sherwood, OR 97140
      View Details
    • $2,122 /Mo
      11,889 SF

      Industrial Spaces Near Highway 99W

      Industrial spaces with easy highway access and nearby amenities for lease.
      14841-14997 SW Tualatin-Sherwood Rd, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Downtown Sherwood Restaurant/Brewery Space

      Restaurant/brewery space in downtown Sherwood with existing kitchen infrastructure.
      22793 SW Pine St, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Industrial Shop with Fenced Yard

      Industrial shop with yard near Wilsonville, immediate I-5 access.
      11175 SW Elligsen Way, Sherwood, OR 97140
      View Details
    • Contact for pricing
      4,740 SF

      Restaurant/Retail Space For Lease

      Restaurant/retail space available for lease near high-traffic theater.
      16015 SW Tualatin-Sherwood Rd, Sherwood, OR
      View Details
    • Contact for pricing
      52,920 SF

      Restaurant Space Near Theater

      Restaurant space with patio and parking near a theater.
      15995 SW Tualatin-Sherwood Rd, Sherwood, OR
      View Details
    • Contact for pricing
      3,060 SF

      Restaurant/Retail Space with Patio

      Restaurant/retail space with patio near high-traffic theater.
      16055 SW Tualatin-Sherwood Rd, Sherwood, OR
      View Details
    • Contact for pricing
      56,000 SF

      Sherwood Warehouse with Easy Access

      56,000 SF warehouse with convenient access roads.
      15561 SW Oregon St, Sherwood, OR 97140
      View Details

    FAQs

    What type of property is this?
    Distribution property - 7,500 SF Warehouse, 2.28 Acres, Sherwood, OR
    Where is this distribution property located?
    The property is located at 21190 Oregon St Sherwood, OR.
    What are key features of this property?
    This property features: Secure fenced and graveled yard.; On-site office with updated interior finishes.; Convenient access to Oregon Street and T-S Road.
    (503) 972-7292 Call to check price and availability
    Request Owner's contact information
    21190 Oregon St Sherwood, OR 97140
    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.
    21190 Oregon St
    Sherwood, OR 97140
    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
    21190 Oregon St Sherwood, OR 97140
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Nathan Getty
    Real Estate License ID: OR201256489
    (503) 972-7292
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!