Commercial Real Estate Market in Gervais, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
8 active listings and 235 off-market properties in Gervais, OR.
Market Trends
Gervais, OR spans 33.8 square miles in Marion County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Gervais, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Gervais, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Gervais, 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 space in Gervais, OR asks $232/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 40.1%
- Commercial 36.6%
- Agricultural 15.9%
- Industrial 7%
Largest Zones share of zoned land by district
Low Density Residential
Medium Density Residential
Urban Transition Farm County
Light Industrial
Commercial Retail Office
Gervais, OR zones 298 acres across 8 districts. Commercial zoning covers 36.6% of zoned land, residential 40.1% and industrial 7%. The largest single district is Low Density Residential at 40.1%. For commercial buyers the practical constraint is that only 43.6% of land carries a commercial or industrial designation.
Low Density Residential (R1)
It is intended to preserve existing single family residential areas and provides for future single family residential housing opportunities.
Market overview
Demographics & Economy
Gervais, OR has 4,076 residents in 1,196 households. Density runs 121 people per square mile. Median household income here is $89,630 and median gross rent $1,689 a month.
4,076
Population
1,196
Households
3.4
Avg Household Size
32
Median Age
15%
College-Educated
78%
High-School Grad
33.8 sq mi
ZIP Area
121
Density / Sq Mi
$89,630
Median Household Income
$39,826
Median Earnings
$1,689
Median Rent
$354,700
Median Home Value
Tools
Nearby Markets
Commercial property in Gervais, OR asks $13/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gervais?
Commercial property in Gervais, OR asks an average of $13 per square foot. Multifamily carries the highest asking price at $232/SF.
What zoning applies to commercial property in Gervais?
Gervais, OR zones 298 acres across 8 districts, of which 36.6% is commercial and 7% industrial. The largest single district is Low Density Residential at 40.1% of zoned land. It is intended to preserve existing single family residential areas and provides for future single family residential housing opportunities. Residential zoning covers 40.1% and open space 0%.
Where does Realmo's Gervais market data come from?
Realmo compiles Gervais, OR figures from 7 active sale listings, 1 active lease listings, 235 tracked off-market properties, the current Gervais zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 1 active for-lease listings in Gervais, 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: 298 zoned acres across 8 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
