For Sale
$16,814,160

600 Elm StForest Grove, OR 97116

Prime Oregon industrial land, shovel-ready, city incentives.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 38.6-acre parcel at 600 Elm Street, Forest Grove, Oregon (97116), presents a unique opportunity for industrial development. Zoned for Business Industrial Park (BIP), this property offers significant flexibility for a variety of uses, including call centers, data centers, research and development facilities, manufacturing plants, and warehousing operations. The land is conveniently located within the city limits of Forest Grove, Washington County, and boasts a relatively flat topography, eliminating costly site preparation. Importantly, this site is outside the 100-year floodplain and contains no wetlands, minimizing environmental concerns and expediting the development process. Public utilities are readily accessible, further streamlining construction. This shovel-ready site has been designated as such by Business Oregon, and is situated within the City of Forest Grove Enterprise Zone, making it eligible for attractive financial incentives. The asking price is $16,814,160, translating to a land value of $10 per square foot. This represents a compelling investment opportunity in a desirable location with significant development potential. The property's advantageous features and strategic location make it an ideal choice for businesses seeking a prime industrial site in Oregon.

Highlights

  • Located within the City of Forest Grove city limits.
  • Situated outside the 100-year floodplain.
  • No wetlands on the property.
  • Features relatively flat terrain.
  • Public utilities are readily accessible.
  • Designated as a Business Oregon shovel-ready site.

Property Details for 600 Elm St

Property type
Land, Industrial properties
Lot Size (sq. ft)
1,681,416 SF

Location Insight

City
Forest Grove
County
Washington
State
Oregon
Latitude
45.5084825
Longitude
-123.1033741
600 Elm St, Forest Grove, Oregon

FAQs

What type of property is this?
Land - Prime Oregon industrial land, shovel-ready, city incentives.
Where is the land located?
The property is located at 600 Elm St Forest Grove, OR.
What is the asking price?
The asking price for this property is $16,814,160.
What are key features of this property?
This property features: Located within the City of Forest Grove city limits.; Situated outside the 100-year floodplain.; No wetlands on the property.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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600 Elm St
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