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Tonquin Road - Tax lot 2S1330000600 22.13 Acres of Commercial Land Offered at $7,229,871 in Sherwood, OR 97140
Investment Highlights
- Strong southwest suburban location in the Portland Metro.
- Adjacent to the UGB.
- Range of allowable uses with current zoning.
- Convenient access to major highways including I-5.
Executive Summary
This is a rare opportunity to control well-located land at the edge of the UGB with near-term utility and long-term value upside. The seller is willing and able to perform site work for a buyer; contact the broker for details.
Property Facts
| Price | $7,229,871 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 22.13 AC |
| Zoning | AF-20 - Supports a range of uses through the appropriate Washington County approval processes: landscaping operations, telecommunications, schools, and more. | ||
| Price | $7,229,871 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 22.13 AC |
| Zoning | AF-20 - Supports a range of uses through the appropriate Washington County approval processes: landscaping operations, telecommunications, schools, and more. |
1 Lot Available
Lot 2S13300006
| Price | $7,229,871 | Lot Size | 22.13 AC |
| Price Per AC | $326,700.00 |
| Price | $7,229,871 |
| Price Per AC | $326,700.00 |
| Lot Size | 22.13 AC |
This is a rare opportunity to control well-located land at the edge of the UGB with near-term utility and long-term value upside. The seller is willing and able to perform site work for a buyer; contact the broker for details.
Description
The location is exceptional, situated in Portland's southwest suburban submarket and directly adjacent to Panattoni's Rock Creek development and Schnitzer's Sherwood Commerce Center, both newly delivered Class A industrial projects. Together with more than 1,400,000 SF of recent Class A industrial construction in the immediate area, these developments highlight the submarket's strong momentum and institutional investment activity. The site also offers excellent regional connectivity, located approximately 9 minutes from I-5 and 6 minutes from Highway 99W.
Contact the Sale Advisor
Tonquin Road - Tax lot 2S1330000600