Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    33060 Bell Rd Sherwood, OR 97140-8605
    Property profile & analytics

    33060 Bell Rd Sherwood, OR 97140-8605

    View on Map
    • Specialty properties
    • 1,782 SF
    • 20.15 lot acres
    Off-Market
    Property ID
    US71-0562581
    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.
    Value Estimations
    $1,220,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 33060 Bell Rd

    Year built
    2001
    Lot size
    20.15 lot acres
    Property size
    1,782 SF
    Zone code
    AF-20
    Property type
    Specialty properties
    APN
    3S211B0-00101
    APU
    3S211B000101

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,221,000
      Market price range: $171k - $1.40M
      AI Estimate
      $1,221,000
      Market price range: $171k - $1.40M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Washington
    State
    Oregon
    Longitude
    -122.898
    Latitude
    45.3293
    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
    $2,702
    $0.00
    $0.00
    $220,270
    -
    $581,790
    $239,660
    $821,450

    Comparable in this City

    • Value Estimation by Request
      14.50 Acres

      18077 Elsner Rd

      SBE - SPECIAL ASSESSMENTS • 14.50 Acres
      18077 Elsner Rd, Sherwood, OR 97140-8713
      View Details
    • Value Estimation by Request
      14.39 Acres

      Sherwood, OR 97140

      SBE - SPECIAL ASSESSMENTS • 14.39 Acres
      Sherwood, OR 97140
      View Details
    • Value Estimation by Request
      6.35 Acres

      Sherwood, OR 97140

      SBE - SPECIAL ASSESSMENTS • 6.35 Acres
      Sherwood, OR 97140
      View Details
    • Value Estimation by Request
      39.83 Acres

      Sherwood, OR 97140

      SBE - SPECIAL ASSESSMENTS • 39.83 Acres
      Sherwood, OR 97140
      View Details
    • Value Estimation by Request
      14.33 Acres

      Sherwood, OR 97140

      SBE - SPECIAL ASSESSMENTS • 14.33 Acres
      Sherwood, OR 97140
      View Details
    • Value Estimation by Request
      25.92 Acres

      Sherwood, OR 97140

      SBE - SPECIAL ASSESSMENTS • 25.92 Acres
      Sherwood, OR 97140
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,853 SF

      Spacious Medical Suite in Sherwood

      Medical/office suite in central Sherwood location with flexible layout.
      20508 SW Roy Rogers Rd, Sherwood, OR 97140
      View Details
    • Contact for pricing

      9.13 Acre Site in Sherwood

      9.13 acre site with frontage on SW Day Road.
      Sherwood, OR 97140
      View Details
    • Contact for pricing

      Industrial Land with Pre-Designed Building

      Industrial land for sale with pre-designed building plans.
      14180 SW Galbreath Dr, Sherwood, OR 97140
      View Details
    • $2,400,000

      Light Industrial Land For Sale

      Newly zoned light industrial land close to I-5.
      10630 SW Tonquin Loop, Sherwood, OR 97140
      View Details
    • $1,700,000

      Industrial Land For Sale

      2.72 acre industrial land with development opportunity.
      15025 sw Tualatin-Sherwood Rd, Sherwood, OR 97140
      View Details
    • Contact for pricing
      2,050 SF

      Renovated Office Building in Sherwood

      Recently renovated 2,050 SF office building with modern amenities.
      22467 SW Ash St, Sherwood, OR 97140
      View Details

    Similar Nearby for Lease

    • $2,122 /Mo

      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

      New Construction Office/Retail Space

      New construction office, medical, retail, or service space for rent.
      17457 SW Parkway Ct, Sherwood, OR 97140
      View Details
    • Contact for pricing
      1,121 SF

      Sherwood Office Space For Rent

      Office space available for lease in Sherwood, Oregon.
      22831 SW Forest Creek Dr, Sherwood, OR 97140
      View Details
    • Contact for pricing

      Updated Office Space For Rent

      Office space with recent updates and utilities included.
      20055 SW Pacific Hwy, 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
      9 SF

      Sherwood Land for Lease

      9.48 acres of land available for lease in Sherwood.
      21370 Southwest Dahlke Ln, Sherwood, OR 97140
      View Details
    Request Owner's contact information
    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.
    33060 Bell Rd
    Sherwood, OR 97140-8605
    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
    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

    Thank You for Inquiry
    33060 Bell Rd, Sherwood, OR, 97140
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!