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Commercial Land with Shop
For Sale
$1,095,000

29281 S OLD MOLALLA Rd, Molalla, OR 97038

Land, Molalla, OR

Property SizeContact for details
Lot Size3.62 Acres
Days on Market137

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
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
Listed By: Tracy Keegan · License #900700229
Added: May 22 Changed: Aug 19 Last Checked: Oct 5 at 9:06AM
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 3.62-acre commercial land offering comprises four parcels with flat, usable ground and an existing 37-by-30-foot shop totaling 1,100 SF. The shop includes office space, a concrete floor, and electricity. The property is being sold as-is and includes a 1964 manufactured home described in the source information as having no value.

RC zoning is identified for residential, retail, and commercial uses, subject to buyer due diligence. The site occupies a corner at Highway 213 and Molalla Ave, providing a highway-oriented setting. Parcel sizes are 0.72 acres, 1.58 acres, 1.1 acres, and 0.22 acres.

Key Highlights

  • 3.62 acres across four parcels
  • RC zoning identified for residential, retail, and commercial uses
  • 37'x30' shop totaling 1,100 SF

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - RC-zoned commercial land includes a shop with office space, concrete flooring, and electricity.
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: 3.62 acres across four parcels; RC zoning identified for residential, retail, and commercial uses; 37'x30' shop totaling 1,100 SF
More about this property
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