Commercial Real Estate Market in Wasco, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
11 active listings and 86 off-market properties in Wasco, OR.
Market Trends
Wasco, OR spans 251.5 square miles in Sherman County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Wasco, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Wasco, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Wasco, 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 Wasco, 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 74.8%
- Agricultural 9.1%
- Commercial 8.5%
- Industrial 6.6%
- Open space 1%
Largest Zones share of zoned land by district
Residential
Residential
Agricultural
Commercial
Industrial
Wasco, OR zones 669 acres across 6 districts. Commercial zoning covers 8.5% of zoned land, residential 74.8%, open space 1% and industrial 6.6%. The largest single district is Residential at 56.7%. For commercial buyers the practical constraint is that only 15.1% of land carries a commercial or industrial designation.
Residential (R-1)
SECTION 3.2-RESIDENTIAL ZONE "R-1" USES. Unless otherwise specified, only one single family dwelling per lot or parcel shall be permitted. Buildings or structures hereafter erected, structurally altered, enlarged, or moved and land hereafter used in the "R-I" Residential Zone shall comply with the following regulations: (1) PERMITTED USES: (A) Single-family…
Market overview
Demographics & Economy
Wasco, OR has 676 residents in 336 households. Density runs 3 people per square mile. Median household income here is $61,750 and median gross rent $1,133 a month.
676
Population
336
Households
2
Avg Household Size
50
Median Age
13%
College-Educated
88%
High-School Grad
251.5 sq mi
ZIP Area
3
Density / Sq Mi
$61,750
Median Household Income
$39,904
Median Earnings
$1,133
Median Rent
$203,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Wasco?
Commercial property in Wasco, OR asks an average of $4 per square foot.
What zoning applies to commercial property in Wasco?
Wasco, OR zones 669 acres across 6 districts, of which 8.5% is commercial and 6.6% industrial. The largest single district is Residential at 56.7% of zoned land. SECTION 3.2-RESIDENTIAL ZONE "R-1" USES. Unless otherwise specified, only one single family dwelling per lot or parcel shall be permitted. Buildings or structures hereafter erected, structurally altered, enlarged, or moved and land hereafter used in the "R-I" Residential Zone shall comply with the following regulations: (1) PERMITTED USES: (A) Single-family… Residential zoning covers 74.8% and open space 1%.
Where does Realmo's Wasco market data come from?
Realmo compiles Wasco, OR figures from 11 active sale listings, 86 tracked off-market properties, the current Wasco zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 0 active for-lease listings in Wasco, 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: 669 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
