Two contiguous commercial land parcels are offered for leasing. Parcel one consists of 11.93 acres and is located directly behind a Walmart property. Parcel two consists of 2.5 acres and is positioned across the street at the corner of Century Drive and Tualatin Sherwood Road.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$389k

Tax billed · 2023

Assessed value$21.43M

Effective rate1.82%

Value estimate

· Nov 2026

$37.87M

$34.08M – $41.65M

Submarket $/SF estimate$37.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$224/SF

County average, outlier-cleaned · 86 recorded sales of this use type

Observed band · Q1–Q3$131 – $333

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

LI_PUD

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm14.5

Wholesale Shop13.9

Storage Facility12.8

21320 Langer Farms Pkwy Sherwood, OR 97140-9105

County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby

Address Sale price Sold Size

16555 12th St Ste, Sherwood, OR 97140-6016 $3,525,000 Jan 2025 11,588 SF

16017 1st, Sherwood, OR 97140-9126 $460,000 Jun 2023 4,000 SF

14270 Galbreath, Sherwood, OR 97140-9165 $45,000 Apr 2022 11,400 SF

22573 Main, Sherwood, OR 97140-9088 $520,000 Nov 2021 2,006 SF

16775 12th, Sherwood, OR 97140-6021 $4,000,000 Sep 2021 9,428 SF

20510 Roy Rogers Rd, Sherwood, OR 97140-9319 $2,100,000 Nov 2019 9,963 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$20,505,000

135,144 SF

20260 Pacific Hwy

RETAIL STORES (PERSONAL SERVICES)

20260 Pacific Hwy, Sherwood, OR 97140-9295

View Details
Value Estimation
$7,320,000

38,130 SF

20345 Pacific Hwy

RETAIL STORES (PERSONAL SERVICES)

20345 Pacific Hwy, Sherwood, OR 97140-9119

View Details
Value Estimation
$5,280,000

15,864 SF

16920 Roy Rogers Rd

RETAIL STORES (PERSONAL SERVICES)

16920 Roy Rogers Rd, Sherwood, OR 97140-9292

View Details
Value Estimation
$3,820,000

14,475 SF

21065 Pacific Hwy

RETAIL STORES (PERSONAL SERVICES)

21065 Pacific Hwy, Sherwood, OR 97140-8062

View Details
Value Estimation
$3,860,000

11,588 SF

16555 12th St Ste G

RETAIL STORES (PERSONAL SERVICES)

16555 12th St Ste G, Sherwood, OR 97140-6016

View Details
Value Estimation
$1,730,000

11,400 SF

14270 Galbreath Dr

RETAIL STORES (PERSONAL SERVICES)

14270 Galbreath Dr, Sherwood, OR 97140-9165

View Details

Similar Nearby for Sale

Contact for pricing
28,122 SF

Langer Farms Shopping Center with Red Robin

Two inline retail buildings plus a ground-leased Red Robin pad, shadow-anchored by Target in Sherwood.

21170 SW Langer Farms Pkwy, Sherwood, OR 97140

View Details
New

$2,000,000

10,553 SF

Mixed-Use Building with Retail

Retail suites and small offices occupy separate floors, with distinct lease structures for each use.

16079 SW Railroad St, Sherwood, OR 97140

View Details
New

Contact for pricing
10,553 SF

Two-Story Mixed-Use Building

Established retail and office occupancy supports a diversified commercial configuration in Old Town Sherwood.

22566 Southwest Washington Street, Sherwood, OR 97140

View Details

Similar Nearby for Lease

Contact for pricing
4,500 sqft

Retail Space at Signalized Intersection

Retail center space with more than 600 parking spots and established co-tenancy across fitness, dining, coffee, and service uses.

16825 SW Edy Road, Sherwood, OR 97140

View Details
Contact for pricing
1,800 sqft

Retail Space for Lease

Lease a retail space offering approximately 1,800 square feet in Sherwood’s retail corridor.

16160-16470 SW Langer Dr, Sherwood, OR 97140

View Details
New

Contact for pricing

Retail Space in Market Center

A former physical therapy suite is available for lease within a retail center.

16030 SW Tualatin Sherwood Road, Sherwood, OR 97140

View Details

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21320 Langer Farms Pkwy Sherwood, OR 97140

Property summary