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    3018 Pacific Ave Forest Grove, OR 97116

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    For Lease
    Contact for pricing

    Retail space in Forest Grove's central shopping hub.

    Property size:
    5,600 SF
    Lot size:
    7.58 Acres

    Property Features for 3018 Pacific Ave

    General Information

    Size
    5,600 SF
    Lot size
    7.58 Acres

    Source: Urban Works Real Estate Agent Tyler Bruss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Safeway Anchored Retail Space

    Ballad Towne Square is a shopping center anchored by Safeway and Dollar Tree, situated in Forest Grove, Oregon. As the only grocery-anchored shopping center in the trade area, it serves as a central hub for the community, offering opportunities for local, regional, and national retail tenants. The shopping center is positioned on Highway 8/Pacific Ave, providing high visibility and accessibility with over 22,000 vehicles per day. Retailers have access to two pylon signs on site. A facade upgrade for the entire center is planned. Forest Grove has experienced growth of over 25% in the past decade and is projected to maintain that growth in the near future. The property offers 5,600 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Forest Grove
    County
    Washington
    State
    Oregon
    Longitude
    -123.093624
    Latitude
    45.520141

    Nearby Similar for Lease

    • $1,100 /Mo
      7,850 SF

      Retail Space Near Forest Grove

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      39675 NW Verboort Rd, Forest Grove, OR 97116
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    • Contact for pricing
      634,800 SF

      Forest Grove Industrial Campus

      New Class A Manufacturing Space Available
      600 Elm St, Forest Grove, OR 97116
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    FAQs

    What type of property is this?
    Shopping center - Retail space in Forest Grove's central shopping hub.
    Where is this shopping center located?
    The property is located at 3018 Pacific Ave Forest Grove, OR.
    What are key features of this property?
    This property features: - Only grocery-anchored shopping center in the trade area.; - Anchored by Safeway and Dollar Tree.; - Located in the heart of Forest Grove, OR.
    (503) 228-3274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3018 Pacific Ave Forest Grove, OR 97116
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