Turton Commercial Real Estate is pleased to announce the successful sale of the industrial property at 5020 Commercial Place in Sheridan, California. 5020 Commercial Place sold for $1,060,000. Located at the connection of Old Highway 65 and Highway 65, the property went under contract quickly and closed expeditiously, with Ian Forner representing both the seller and buyer and successfully meeting the sellers’ tight 1031 exchange timeline. The property was purchased by On-Way Logistics, an experienced husband-and-wife trucking operation whose arrival is expected to bring increased activity to the Sheridan community as surrounding development continues to expand. Turton Commercial Real Estate is proud to have facilitated a successful transaction that met the unique goals of both parties and looks forward to seeing On-Way Logistics thrive at its new location. – September 2026

• Sale price: $1,095,000
• Building price: $125/SF
• Land price: $13/SF
• 1.9 AC parcel located in the City of Sheridan in Placer County and offers direct access to Old Hwy 65, a large outdoor yard and staging area, and utility services
• IN-AG-DC Industrial zoning; Total listable building area is approximately ± 8,730 SF
• Warehouse 1: ± 2,160 SF (48’ x 45’); Features heavy power
• Warehouse 2: ± 2,000 SF (100’ x 20’)
• Warehouse 3: ± 2,100 SF (50’ x 42’)
• Single-family residence: ± 2,118 SF (est. 40’ x 50’); 2 bed 2 bath; Built 1945
• Covered storage 1: ± 1,200 SF (40’ x 30’); Includes newly fenced & gated access, 400 Amp 3-phase power, and gravel yard