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    600 Elm St Forest Grove, OR 97116

    Sponsored
    For Lease
    Contact for pricing

    New Class A Manufacturing Space Available

    Lot size:
    634,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional new industrial development in Forest Grove, Oregon, offers 634,800 square feet of Class A manufacturing space across three buildings, situated on a 38.6-acre lot at 600 Elm St, 97116. Each building is divisible, with a minimum of 206,400 square feet and a maximum contiguous space of 218,400 square feet available. The property boasts impressive features including 32-foot ceiling heights, 144 dock-high doors, and two drive-in doors. Power is robust, with 4,000 amps, 480v, 3-phase service. Parking is provided at a ratio of 0.67 to 0.72 spaces per 1,000 square feet. The property is zoned Business Industrial Park (BIP) in Washington County and is currently entirely vacant. Groundbreaking is slated for mid-2025. This development presents a unique opportunity for businesses seeking modern, efficient, and expansive manufacturing space in a prime Westside Oregon location. The flexible layout allows for customization to suit a variety of operational needs. This is a truly exceptional opportunity to secure space in a brand-new, state-of-the-art facility.

    Property Features for 600 Elm St

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    634,800 SF

    Unit(s) available at that property

    Space
    Building 3
    Size
    206,400 SF
    Space
    Building 1
    Size
    210,000 SF
    Space
    Building 2
    Size
    218,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Grove
    County
    Washington
    State
    Oregon
    Longitude
    -123.102444
    Latitude
    45.5033716

    Nearby Comparable

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    Nearby Similar for Lease

    • Contact for pricing
      5,600 SF

      Safeway Anchored Retail Space

      Retail space in Forest Grove's central shopping hub.
      3018 Pacific Ave, Forest Grove, OR 97116
      View Details
    • $1,100 /Mo
      7,850 SF

      Retail Space Near Forest Grove

      Retail space available near Forest Grove and Cornelius.
      39675 NW Verboort Rd, Forest Grove, OR 97116
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - New Class A Manufacturing Space Available
    Where is this manufacturing property located?
    The property is located at 600 Elm St Forest Grove, OR.
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    600 Elm St Forest Grove, OR 97116
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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
    600 Elm St Forest Grove, OR 97116
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