Commercial Real Estate Market in Sublimity, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
10 active listings and 205 off-market properties in Sublimity, OR.
Market Trends
Sublimity, OR spans 35.5 square miles in Marion County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Sublimity, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Sublimity, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Sublimity, 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 Sublimity, 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 74.2%
- Commercial 9.5%
- Industrial 8.6%
Largest Zones share of zoned land by district
Low Density Single Family Residential
Commercial General
Medium Density Multifamily Residential
Public And Semi Public
Industrial
Sublimity, OR zones 642 acres across 6 districts. Commercial zoning covers 9.5% of zoned land, residential 74.2% and industrial 8.6%. The largest single district is Low Density Single Family Residential at 64.9%. For commercial buyers the practical constraint is that only 18.1% of land carries a commercial or industrial designation.
Low Density Single Family Residential (R-1)
It is intended to preserve existing single family residential areas and provide for future single family residential housing opportunities at a density no greater than 4 units per acre.
Market overview
Demographics & Economy
Sublimity, OR has 3,552 residents in 1,483 households. Density runs 100 people per square mile. Median household income here is $86,771 and median gross rent $1,497 a month.
3,552
Population
1,483
Households
2.4
Avg Household Size
50
Median Age
32%
College-Educated
87%
High-School Grad
35.5 sq mi
ZIP Area
100
Density / Sq Mi
$86,771
Median Household Income
$52,431
Median Earnings
$1,497
Median Rent
$482,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Stayton | — | — |
| Aumsville | — | — |
| Turner | — | — |
| Scio | — | — |
Commercial property in Sublimity, OR asks $2,829/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sublimity?
Commercial property in Sublimity, OR asks an average of $2,829 per square foot. Multifamily carries the highest asking price at $232/SF.
What zoning applies to commercial property in Sublimity?
Sublimity, OR zones 642 acres across 6 districts, of which 9.5% is commercial and 8.6% industrial. The largest single district is Low Density Single Family Residential at 64.9% of zoned land. It is intended to preserve existing single family residential areas and provide for future single family residential housing opportunities at a density no greater than 4 units per acre. Residential zoning covers 74.2% and open space 0%.
Where does Realmo's Sublimity market data come from?
Realmo compiles Sublimity, OR figures from 6 recent recorded sales, 10 active sale listings, 205 tracked off-market properties, the current Sublimity zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Sublimity, 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: 642 zoned acres across 6 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
