- For Sale $1,249,736
- Property Type VacantLand
- Lot Size 1.51 Acre
- Date Updated Jun 9, 2026
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.The property consists of approximately 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.
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.
Highlights
- Development Ready: Opportunity to leverage prior approvals and accelerate construction timeline.
- Due Diligence: Site plans and supporting DD materials available.
- Entitlements: Previously fully entitled for industrial development.
- Market: Located in a highly desirable and supply-constrained industrial submarket.
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Contacts
Stu Peterson, SIOR
Macadam Forbes
Location
Located at 20670 SW Olds Pl, Sherwood, OR 97140, this property is part of the Tualatin North neighborhood and Portland market.
Contact Listing Broker
Stu Peterson, SIOR
Macadam Forbes