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38.6 Acres Shovel-Ready Land
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600 Elm Street, Forest Grove, OR 97116

38.6-acre shovel-ready property suitable for multiple industrial uses.

Property SizeContact for details
Lot Size38.60 Acres
Days on Market1422

Property Features for 600 Elm Street

General Information

Standard status Active
Lot size 38.60 Acres
Property subtype Land
Zoning Business Industrial Park
Listing Agency: Macadam Forbes
Listed By: Rhys Konrad · License #OR 201205396
Source: Crexi
Added: Oct 16, 2022 Changed: Sep 4 Last Checked: Sep 2 at 6:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes

Investment Insights

Based on property information with market context.

This 38.6-acre shovel-ready property is available for sale. The zoning permits multiple uses including call centers, data centers, research and development, manufacturing, and warehousing. The location is described as a pro-business environment. Power rates are reportedly 11.5% less than adjacent urban areas. The area is one of Oregon's fastest-growing communities. Access to a skilled workforce within 10 miles is noted, along with the presence of schools and affordable housing.

Key Highlights

  • Shovel‑ready 38.6‑acre property zoned for multiple uses.
  • Located in Forest Grove, a low‑cost, pro‑business environment.
  • Power rates are 11.5% less than adjacent urban areas.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 97116, OR

29,351
Population
10,229
Households
2.9
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
82.1 sq mi
ZIP Area
358
Density / Sq Mi
$87,308
Median Household Income
$42,330
Median Earnings
$1,397
Median Rent
$479,800
Median Home Value

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?
Industrial land - 38.6-acre shovel-ready property suitable for multiple industrial uses.
Where is this industrial land located?
The property is located at 600 Elm Street Forest Grove, OR.
What is the asking price?
The asking price for this property is $16,814,160.
What are key features of this property?
This property features: Shovel‑ready 38.6‑acre property zoned for multiple uses.; Located in Forest Grove, a low‑cost, pro‑business environment.; Power rates are 11.5% less than adjacent urban areas.
(503) 227-2500 Call to check price and availability
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