Commercial Real Estate Market in Drain, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
5 active listings and 151 off-market properties in Drain, OR.
Market Trends
Drain, OR spans 99.0 square miles in Douglas County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Drain, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Drain, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Drain, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Drain, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 66.1%
- Industrial 20.2%
- Agricultural 10.8%
- Commercial 3%
Largest Zones share of zoned land by district
Low Density Residential
General Industrial
Woodland Open Area And Agriculture
Rural Residential
General Commercial
Drain, OR zones 646 acres across 7 districts. Commercial zoning covers 3% of zoned land, residential 66.1% and industrial 20.2%. The largest single district is Low Density Residential at 55.5%. For commercial buyers the practical constraint is that only 23.1% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
R-1 district is intended to promote single family dwellings.
Market overview
Demographics & Economy
Drain, OR has 2,326 residents in 1,108 households. Density runs 23 people per square mile. Median household income here is $54,679 and median gross rent $978 a month.
2,326
Population
1,108
Households
2.1
Avg Household Size
47
Median Age
16%
College-Educated
87%
High-School Grad
99 sq mi
ZIP Area
23
Density / Sq Mi
$54,679
Median Household Income
$34,788
Median Earnings
$978
Median Rent
$270,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Drain?
Commercial property in Drain, OR asks an average of $70 per square foot. The 6 most recent recorded sales traded at a median of $278/SF.
What zoning applies to commercial property in Drain?
Drain, OR zones 646 acres across 7 districts, of which 3% is commercial and 20.2% industrial. The largest single district is Low Density Residential at 55.5% of zoned land. R-1 district is intended to promote single family dwellings. Residential zoning covers 66.1% and open space 0%.
Where does Realmo's Drain market data come from?
Realmo compiles Drain, OR figures from 7 recent recorded sales, 5 active sale listings, 151 tracked off-market properties, the current Drain zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Drain, OR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 646 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
