Commercial Real Estate Market in Gladstone, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 211 off-market properties in Gladstone, OR. Commercial property asks $278/SF to buy and $29.50/SF/Yr to lease.
Market Trends
Gladstone, OR spans 2.5 square miles in Clackamas County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Gladstone, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Gladstone, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Gladstone, 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 Gladstone, 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 63.1%
- Commercial 19.7%
- Open space 8.9%
- Industrial 8.3%
Largest Zones share of zoned land by district
Single Household Residential District
Single Household Residential District
General Commercial District
Open Space District
Multi Household Residential District
Gladstone, OR zones 1,537 acres across 10 districts. Commercial zoning covers 19.7% of zoned land, residential 63.1%, open space 8.9% and industrial 8.3%. The largest single district is Single Household Residential District at 46.6%. For commercial buyers the practical constraint is that only 28% of land carries a commercial or industrial designation.
Single Household Residential District (R7.2)
District is to implement the Comprehensive Plan and to provide land for households desiring to live in an environment of single-household and middle housing dwellings
Market overview
Demographics & Economy
Gladstone, OR has 12,599 residents in 5,365 households. Density runs 5,022 people per square mile. Median household income here is $91,957 and median gross rent $1,721 a month.
12,599
Population
5,365
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
2.5 sq mi
ZIP Area
5,022
Density / Sq Mi
$91,957
Median Household Income
$49,689
Median Earnings
$1,721
Median Rent
$464,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oregon City | — | — |
| Clackamas | — | $15.96 |
| Milwaukie | — | — |
Commercial property in Gladstone, OR asks $278/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gladstone?
Commercial property in Gladstone, OR asks an average of $278 per square foot.
How much does it cost to lease commercial space in Gladstone?
Asking lease rates in Gladstone, OR average $29.50 per square foot per year.
What zoning applies to commercial property in Gladstone?
Gladstone, OR zones 1,537 acres across 10 districts, of which 19.7% is commercial and 8.3% industrial. The largest single district is Single Household Residential District at 46.6% of zoned land. District is to implement the Comprehensive Plan and to provide land for households desiring to live in an environment of single-household and middle housing dwellings Residential zoning covers 63.1% and open space 8.9%.
Where does Realmo's Gladstone market data come from?
Realmo compiles Gladstone, OR figures from 3 recent recorded sales, 14 active sale listings, 7 active lease listings, 211 tracked off-market properties, the current Gladstone zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 7 active for-lease listings in Gladstone, 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: 1,537 zoned acres across 10 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
