600 Elm StForest Grove, OR 97116

  • Specialty properties
  • 39.03 AC
For Sale
$16,814,160 View listing

Property Details for 600 Elm St

Lot size
39.03 AC
Zone code
BIP
Property type
Specialty properties
APN
1S306D0-02100
APU
1S306D002100

Description

This exceptional new industrial development in Forest Grove, Oregon, offers 634,800 square feet of Class A manufacturing space across three buildings, situated on a 38.6-acre lot at 600 Elm St, 97116. Each building is divisible, with a minimum of 206,400 square feet and a maximum contiguous space of 218,400 square feet available. The property boasts impressive features including 32-foot ceiling heights, 144 dock-high doors, and two drive-in doors. Power is robust, with 4,000 amps, 480v, 3-phase service. Parking is provided at a ratio of 0.67 to 0.72 spaces per 1,000 square feet. The property is zoned Business Industrial Park (BIP) in Washington County and is currently entirely vacant. Groundbreaking is slated for mid-2025. This development presents a unique opportunity for businesses seeking modern, efficient, and expansive manufacturing space in a prime Westside Oregon location. The flexible layout allows for customization to suit a variety of operational needs. This is a truly exceptional opportunity to secure space in a brand-new, state-of-the-art facility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $442,598,880
    Hospitality
    $405,418,176
    Educational
    $337,303,168
    Medical
    $348,903,552
    Retail
    $524,693,824
600 Elm St, Forest Grove, Oregon

Location Insight

City
Forest Grove
County
Washington
State
Oregon
Latitude
45.5044
Longitude
-123.1
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$911
-
-
$48,520
-
$175,640
-
$175,640

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