Prime Commercial Land
For Sale
$1,095,000
29281 S OLD MOLALLA Rd, Molalla, OR 97038
Land, Molalla, OR
Property Size1,100 SF
Lot Size3.62 Acres
Price / SF$995.45
Days on Market91
Property Features for 29281 S OLD MOLALLA Rd
General Information
Property type
Land
Property subtype
Other
Zoning
RC
View
Territorial
Elementary school
Mulino
Middle school
Molalla River
High school
Molalla
Directions
HIGHWAY 213 to MOLALLA AVE. TURN LEFT ON OLD MOLALLA ROAD. GO TO THE END
Subdivision
_146
Standard status
Active
APN
01039762
Size
1,100 SF
Lot size
3.62 Acres
Taxes and HOA fees
Tax Description
SECTION 32 TOWNSHIP 4S RANGE 2E TAX LOT 03503
Tax Annual Amount
3859
Legal Description
SECTION 32 TOWNSHIP 4S RANGE 2E TAX LOT 03503
Listing Agency:
Premiere Property Group, LLC
(503) 670-9000
Listed By:
Tracy Keegan · License #900700229
(503) 997-7145
Added: May 22
Changed: Aug 19
Last Checked: Aug 20 at 8:06PM
MLS# 399164386
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a rare opportunity to purchase 3.62 acres of land in Molalla, Oregon, suitable for residential, retail, or commercial use. The property is zoned commercial "RC" and offers high visibility due to its location on the corner of Highway 213 and Molalla Avenue. The land is flat and usable, comprising four parcels: #01039726 (0.72 acres), #01039762 (1.58 acres), #05022831 (1.1 acres), and #05022830 (0.22 acres). A 1964 manufactured home with 2 bedrooms and 1 bathroom is present but has no value and is sold 'as is'. Additionally, there is a 37'x30' (1100 square feet) shop with office space, a concrete floor, and electricity. The property has been under the same ownership since 1984. A restaurant/pub business operated from this location until it was destroyed by fire in approximately 2000; formerly known as "Keegans Korner". The RC zoning allows for a multitude of uses. The property is being sold "as is".
Key Highlights
- Prime 3.62 AC commercial property with high visibility on a busy highway (Highway 213 & Molalla Ave corner).
- Zoned "RC" allowing for residential, retail, and commercial use.
- Includes 4 parcels: #01039726 (.72 AC), #01039762 (1.58 AC), #05022831 (1.1 AC), & #05022830 (.22 AC).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 97038, OR
17,173
Population
6,423
Households
2.7
Avg Household Size
38
Median Age
20%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
131
Density / Sq Mi
$87,585
Median Household Income
$45,681
Median Earnings
$1,497
Median Rent
$452,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 3.62 acres of commercial land in Molalla, Oregon.
Where is this commercial land located?
The property is located at 29281 S OLD MOLALLA Rd Molalla, OR.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Prime 3.62 AC commercial property with **high visibility** on a busy highway (Highway 213 & Molalla Ave corner).; Zoned "RC" allowing for residential, retail, and commercial use.; Includes 4 parcels: #01039726 (.72 AC), #01039762 (1.58 AC), #05022831 (1.1 AC), & #05022830 (.22 AC).
