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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

20508 Roy Rogers Rd Sherwood, OR 97140

2,000 SF Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 2,000-square-foot storefront commercial condo in Sherwood, Oregon, presents a unique owner-user investment opportunity. Located at 20508 SW Roy Rogers Rd, Unit 125, Ste 125, 97140, this Class B property, built in 2006, is part of a vibrant, mixed-use development featuring first-floor commercial spaces and residential condos above. The unit, previously an optometry office, boasts a layout including a lobby, several rooms, a restroom, and a kitchen. Heating and cooling systems are in place. Two parking spaces are available for purchase with the unit, supplementing the ample customer parking in the front lot. The asking price is $525,000, translating to $262.50 per square foot, reflecting both building and land value. The property is vacant, with an occupancy date of September 1, 2024, and is offered under a Net Net + lease type. This prime location is conveniently situated a few blocks from Highway 99, within a large, rapidly growing residential development extending towards Hillsboro, representing one of Oregon's largest land developments. The property's APN is R2150331. This is a rare chance to own a thriving commercial space in a high-growth area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2006
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Casa of Oregon Charitable Organization Social Service Agency
  • Nisreen Malik Alternative Medicine Practice
  • Sherwood Family Chiropractic Clinic Alternative Medicine Practice
  • The Meadowlark Mercantile Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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