Commercial

Damascus, OR Commercial Land for Sale

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Happy Valley, OR Clackamas, OR Portland, OR Boring, OR Gresham, OR Oregon City, OR Eagle Creek, OR Milwaukie, OR
Conventional Restaurant with Road Frontage
Updated: Apr 23, 2025
Conventional Restaurant with Road Frontage

16471 SE HIGHWAY 224, Damascus, OR 97089

$895,000
878 sqft 0.61 AC lot
Existing restaurant business and property offered together
0.61‑acre site with 878 square feet of building area
CCC—Community Commercial Center District zoning
Approved for annexation into Happy Valley
Located at 16471 SE Highway 224, Damascus, OR 97089
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Commercial Land with Existing Improvements
Updated: Aug 14, 2023
Commercial Land with Existing Improvements

16400 SE HIGHWAY 224, Damascus, OR 97089

$1,900,000
3,508 sqft 3.98 AC lot
3.98‑acre commercial land parcel
CCC zoning: Community Commercial Center District
Approved for annexation into Happy Valley
3,508‑square‑foot Craftsman‑style home with 4 bedrooms and 2 bathrooms
Shop, full basement, forced‑air heat, and central air
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Damascus Commercial Development Land
Damascus Commercial Development Land

16400 SE HIGHWAY 224, Damascus, OR 97089

$1,900,000
3.98 AC lot

3.98 acre commercial development property in Damascus, Oregon.

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Commercial and Industrial Land Available
Commercial and Industrial Land Available

19770 SE Sunnyside Rd, Damascus, OR 97089

$2,375,000
3.15 AC lot

Three parcels of land for commercial and industrial use.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 Active listings in Damascus, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Clackamas Commercial Land Redevelopment Opportunity
Clackamas Commercial Land Redevelopment Opportunity

15485 SE 94TH, Clackamas, OR 97015

$1,250,000
4,188 sqft

0.54 acre commercial land with redevelopment potential in Clackamas, Oregon.

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Commercial Land Near Transit
Commercial Land Near Transit

Happy Valley, OR 97015

$5,500,000
1.96 AC lot

PMU1-zoned commercial land with approval for a 102-unit Home2 Suites by Hilton hotel and convenient transit access.

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Commercial Land Near Clackamas Center
Commercial Land Near Clackamas Center

9155 SE Sunnyside Road, Happy Valley, OR 97015

$5,500,000

Commercial land approved for a 102-unit hotel near transit.

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4.07 Acres Mixed Use Land
4.07 Acres Mixed Use Land

13047 SE Sunnyside Rd, Clackamas, OR 97015

Contact for pricing
4.07 AC lot

Prime development opportunity in Happy Valley, Oregon.

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Off-Market Properties in Damascus, OR

Consider similar Off-Market properties in Damascus, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

14530 202nd Ave
VACANT COMMERCIAL LAND

14530 202nd Ave, Damascus, OR 97089-2745

Estimated value:
$895,000
0.66 AC lot
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Damascus, OR 97089
VACANT COMMERCIAL LAND

Damascus, OR 97089

Estimated value:
$600,000
0.68 AC lot
View details
Damascus, OR 97089
VACANT COMMERCIAL LAND

Damascus, OR 97089

Estimated value:
$1,150,000
0.86 AC lot
View details
19865 Hwy 212
VACANT COMMERCIAL LAND

19865 Hwy 212, Damascus, OR 97089-5700

Estimated value: by Request
0.94 AC lot
View details
21881 Foster Rd
VACANT COMMERCIAL LAND

21881 Foster Rd, Damascus, OR 97089

Estimated value:
$370,000
1,048 sqft 0.89 AC lot
View details
20313 Hwy 212
VACANT COMMERCIAL LAND

20313 Hwy 212, Damascus, OR 97089-9242

Estimated value:
$390,000
2,100 sqft 0.07 AC lot
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16163 Hwy 212
VACANT COMMERCIAL LAND

16163 Hwy 212, Damascus, OR 97089-8916

Estimated value:
$715,000
1,554 sqft 49.82 AC lot
View details

Damascus, OR Commercial Land Market Trends and Statistics

Explore 14 commercial land for sale in Damascus, OR, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 510,523 square feet of properties for sale, with an estimated market value of $7,070,000.

Sale prices for commercial lots in Damascus, OR start at $895,000, averaging $1,767,500, and reaching up to $2,375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 5
Industrial land 3
Residential land & home lots 2

Demographics Overview

Population 47K
Population Growth (5Y) +2.4%
Median Household Income $97,347
College Educated 39.2%

High-Yield Neighborhoods for Investment

Identify Damascus submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97089 $1.8M

Taxes & Financing

Tax Rate (average for all types) 1.69%
Property Tax per SF $44.96 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clackamas County

New Delisted

Total CRE Inventory on Market (SF)

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