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Investment Highlights

  • Entitlements: Previously fully entitled for industrial development.
  • Development Ready: Opportunity to leverage prior approvals and accelerate construction timeline.
  • Due Diligence: Site plans and supporting DD materials available.
  • Market: Located in a highly desirable and supply-constrained industrial submarket.

Executive Summary

The property was previously fully entitled for industrial development, and although construction was never commenced, a comprehensive due diligence package is available, including approved site plans. This allows a prospective buyer to significantly shorten the development timeline and reduce upfront entitlement risk.
The site’s zoning supports a wide range of light industrial uses, making it suitable for manufacturing, warehousing, service industrial, and flex industrial development.

Property Facts

Price $1,249,736
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 1.51 AC
Zoning LI - Light Industrial, City of Sherwood

1 Lot Available

Lot

Price $1,249,736
Price Per AC $827,639.74
Lot Size 1.51 AC

1.51 acres of industrial land located within the City of Sherwood and zoned Light Industrial (LI). The site presents a compelling opportunity for an owner-user or developer seeking a well-located industrial parcel in a supply-constrained submarket.

Description

The property is located in Sherwood, Oregon, within an established industrial and employment corridor serving the southwest Portland Metro Area. The site benefits from proximity to I-5, Hwy 99, Tualatin, and Wilsonville, providing efficient access to regional transportation routes and a strong labor pool. Sherwood is widely regarded as one of the most desirable industrial submarkets in the region due to limited land availability, business friendly zoning, and proximity to major logistics and employment hubs.

  • Listing ID: 39794069

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 20670 SW Olds Pl, Sherwood, OR 97140

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