Commercial Real Estate Market in Garibaldi, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
9 active listings and 170 off-market properties in Garibaldi, OR.
Market Trends
Garibaldi, OR spans 0.9 square miles in Tillamook County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Garibaldi, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail space in Garibaldi, OR asks $59/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Garibaldi, 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 Garibaldi, 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 32%
- Open space 30.6%
- Industrial 8%
- Mixed use 6.7%
- Commercial 6.3%
Largest Zones share of zoned land by district
Medium Density Residential
Resource And Open Space
Estuary Natural
Estuary Conservation 2
Commercial
Garibaldi, OR zones 986 acres across 11 districts. Commercial zoning covers 6.3% of zoned land, residential 32%, open space 30.6% and industrial 8%. The largest single district is Medium Density Residential at 32%. For commercial buyers the practical constraint is that only 14.2% of land carries a commercial or industrial designation.
Medium Density Residential (R-1)
MEDIUM DENSITY RESIDENTIAL ZONE (R-1) § 18.15.010 Purpose. § 18.15.020 Uses permitted outright. § 18.15.030 Conditional uses permitted. § 18.15.040 Standards and criteria. § 18.15.010 Purpose. The R-1 zone is intended to provide an area of primarily single-family homes, duplexes and manufactured homes, with apartments allowed as a conditional use. ( Ord. 290
Market overview
Demographics & Economy
Garibaldi, OR has 825 residents in 518 households. Density runs 889 people per square mile. Median household income here is $52,372 and median gross rent $1,094 a month.
825
Population
518
Households
1.6
Avg Household Size
56
Median Age
24%
College-Educated
93%
High-School Grad
0.9 sq mi
ZIP Area
889
Density / Sq Mi
$52,372
Median Household Income
$43,667
Median Earnings
$1,094
Median Rent
$307,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Garibaldi?
Commercial property in Garibaldi, OR asks an average of $62 per square foot. The 4 most recent recorded sales traded at a median of $184/SF. Retail carries the highest asking price at $59/SF.
What zoning applies to commercial property in Garibaldi?
Garibaldi, OR zones 986 acres across 11 districts, of which 6.3% is commercial and 8% industrial. The largest single district is Medium Density Residential at 32% of zoned land. MEDIUM DENSITY RESIDENTIAL ZONE (R-1) § 18.15.010 Purpose. § 18.15.020 Uses permitted outright. § 18.15.030 Conditional uses permitted. § 18.15.040 Standards and criteria. § 18.15.010 Purpose. The R-1 zone is intended to provide an area of primarily single-family homes, duplexes and manufactured homes, with apartments allowed as a conditional use. ( Ord. 290 Residential zoning covers 32% and open space 30.6%.
Where does Realmo's Garibaldi market data come from?
Realmo compiles Garibaldi, OR figures from 5 recent recorded sales, 9 active sale listings, 170 tracked off-market properties, the current Garibaldi zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Garibaldi, 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: 986 zoned acres across 11 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
