20055 SW Pacific Hwy Sherwood, OR 97140
Property profile & analytics
20055 SW Pacific Hwy Sherwood, OR 97140
- Office Spaces
- 18,351 SF
- 1.54 lot acres
Property ID
US71-0870887
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sherwood Chiropractic & Rehab. Center PC , Timothy Hubbard, DC / Alternative Medicine Practice
- Farmers Insurance - Jason Potter / Insurance Agency
- Horace Mann Insurance Co / Insurance Agency
- Sustainable Logistics / Freight Service / Logistics Company
- Lexemy Law / Law Firm
Property Details for 20055 SW Pacific Hwy
- Year built
- 2000
- Lot size
- 1.54 lot acres
- Property size
- 18,351 SF
- Zone code
- LI
- Property type
- Office Spaces
- APN
- 2S129B0-00103
- APU
- 2S129B000103
Description
This exceptional two-story, Class B office building, totaling 18,351 square feet, presents a compelling investment opportunity in Sherwood, Oregon. Built in 2000 and extensively renovated in 2023, the property boasts a prime location on SW Pacific Highway, directly across from a Home Depot, ensuring high visibility and convenient access. The building comprises three suites, with 3,109 square feet currently vacant, offering immediate potential for lease income. Suite sizes range from 487 to 1,210 square feet, catering to a variety of business needs. The 1.54-acre lot provides ample parking for tenants and visitors. Recent upgrades include significant improvements to the common areas and building infrastructure. All utilities are included, along with internet access, making this a highly attractive offering for prospective tenants. The property also features a prominent monument sign with available signage space for increased brand visibility. The building includes an elevator for convenient access to both floors. The property's APN is R124996218. This is a turn-key opportunity to acquire a well-maintained, updated office building in a thriving location. The combination of modern amenities, convenient location, and ample parking makes this property an ideal investment for both owner-occupiers and investors seeking strong rental income.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,033,000
- AI Estimate
- $4,033,000
Market price range: $3.27M - $7.49MMarket price range: $3.27M - $7.49M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,085,000 Current use
- MEDICAL BUILDING
- $5,850,000 Change: +15% Conversion: Easy
- RESTAURANT
- $5,555,000 Change: +9% Conversion: Difficult
- RETAIL STORES
- $4,105,000 Change: -19% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $4,080,000 Change: -20% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sherwood
- County
- Washington
- State
- Oregon
- Longitude
- -122.838
- Latitude
- 45.3743
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,370
$0.00
$0.00
$1,816,600
-
$1,128,510
$959,750
$2,088,260
