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Industrial Land in Enterprise Zone
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NW Park Avenue, Estacada, OR 97023

5.774 acres in Locke-Martin Industrial Park, Estacada, OR.

Lot Size5.77 Acres
Days on Market936

Property Features for NW Park Avenue

General Information

Standard status Active
Lot size 5.77 Acres
Property subtype Land
Listing Agency: Macadam Forbes
Listed By: Brett Bayne · License #OR 940700089
Source: Crexi
Added: Jan 6, 2024 Changed: Jul 6 Last Checked: Jul 30 at 5:38AM

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.

These parcels, totaling 5.774 acres, are part of the future Locke-Martin Industrial Park, located in the Estacada Industrial Subdivision directly off Highway 224. All lots are contiguous. Situated in an Enterprise Zone, the parcels may qualify for a three-to-five-year tax abatement. Businesses located in an Enterprise Zone may be eligible to receive an exemption from property taxes for three to five years on new investments, including building construction and equipment. Contact broker for additional information.

Key Highlights

  • 5.774 Contiguous Acres: Large land area ideal for development.
  • Enterprise Zone Location: Potential for 3‑5 year property tax abatement on new investments.
  • Locke‑Martin Industrial Park: Situated within a planned industrial park.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 97023, OR

11,676
Population
4,718
Households
2.5
Avg Household Size
42
Median Age
16%
College-Educated
93%
High-School Grad
196.5 sq mi
ZIP Area
59
Density / Sq Mi
$74,701
Median Household Income
$38,563
Median Earnings
$1,079
Median Rent
$530,800
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
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Frequently Asked Questions

What type of property is this?
Industrial land - 5.774 acres in Locke-Martin Industrial Park, Estacada, OR.
Where is this industrial land located?
The property is located at NW Park Avenue Estacada, OR.
What are key features of this property?
This property features: 5.774 Contiguous Acres: Large land area ideal for development.; Enterprise Zone Location: Potential for 3‑5 year property tax abatement on new investments.; Locke‑Martin Industrial Park: Situated within a planned industrial park.
More about this property
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