North Plains, Oregon, December 30, 2025
The Sunset Ridge Shopping Center in North Plains, Oregon, has been acquired for $500,000 in a joint venture between Capacity Commercial Group and a private investor. This 40,510-square-foot retail property is strategically located near major highways and offers various development options, including commercial and residential projects.
Sunset Ridge Shopping Center Changes Hands in Joint Venture Deal
San Antonio, TX – The Sunset Ridge Shopping Center, a 40,510-square-foot retail property located at NW West Union Road and NW 293rd Avenue in North Plains, Oregon, has been acquired by a joint venture between Capacity Commercial Group and a private investor. The sale price was $500,000, reflecting a rate of $14.45 per square foot.
Details of the Acquisition
The property, situated within the Sunset Ridge residential subdivision, offers excellent visibility and frontage along NW West Union Road. The Neighborhood Community (NC) zoning permits various development options, including a 6,000-square-foot commercial building with 26 parking spaces, as well as multifamily and mixed-use developments.
Strategic Location and Potential
Located minutes from the Sunset Highway (26), the site provides easy access to Hillsboro, Beaverton, and the Portland Metro Area. Its proximity to downtown North Plains enhances its appeal for potential commercial and residential projects.
Background on Sunset Ridge
Sunset Ridge is a residential subdivision in North Plains, Oregon, known for its community-focused environment and strategic location within the Portland metropolitan area. The acquisition of this property aligns with ongoing development efforts in the region, aiming to enhance both residential and commercial offerings.
Frequently Asked Questions (FAQ)
What is the Sunset Ridge Shopping Center?
The Sunset Ridge Shopping Center is a 40,510-square-foot retail property located at NW West Union Road and NW 293rd Avenue in North Plains, Oregon. It is situated within the Sunset Ridge residential subdivision and offers excellent visibility and frontage along NW West Union Road.
Who acquired the Sunset Ridge Shopping Center?
A joint venture between Capacity Commercial Group and a private investor acquired the Sunset Ridge Shopping Center. The sale price was $500,000, reflecting a rate of $14.45 per square foot.
What are the development possibilities for the Sunset Ridge property?
The property is zoned as Neighborhood Community (NC), allowing for various development options, including a 6,000-square-foot commercial building with 26 parking spaces, as well as multifamily and mixed-use developments.
Where is the Sunset Ridge Shopping Center located?
The Sunset Ridge Shopping Center is located at NW West Union Road and NW 293rd Avenue in North Plains, Oregon, within the Sunset Ridge residential subdivision.
What is the significance of the Sunset Ridge location?
The location offers easy access to Hillsboro, Beaverton, and the Portland Metro Area via the Sunset Highway (26). Its proximity to downtown North Plains enhances its appeal for potential commercial and residential projects.
Key Features of the Sunset Ridge Shopping Center Acquisition
| Feature | Details |
|---|---|
| Property Size | 40,510 square feet |
| Sale Price | $500,000 |
| Zoning | Neighborhood Community (NC) |
| Development Options | 6,000-square-foot commercial building, multifamily, and mixed-use developments |
| Location | NW West Union Road and NW 293rd Avenue, North Plains, Oregon |
| Accessibility | Minutes from Sunset Highway (26), access to Hillsboro, Beaverton, and Portland Metro Area |
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