Investor/Flipper Opportunity in Prime Location! This 0.23-acre property in Forest Grove's Central Commercial District (CC) offers potential for a range of possibilities. Currently a residential fixer, the zoning may allow for redevelopment, live/work use, or small business ventures. Buyers to conduct their own due diligence regarding permitted uses. A unique chance for investors, flippers, or visionaries to unlock its full potential!
The median home value in Forest Grove, OR is $516,000. This is lower than the county median home value of $545,400. The national median home value is $338,100. The average price of homes sold in Forest Grove, OR is $516,000. Approximately 59.37% of Forest Grove homes are owned, compared to 36.51% rented, while 4.12% are vacant. Forest Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Forest Grove real estate agent to arrange a tour today!
Forest Grove, Oregon has a population of 25,767. Forest Grove is more family-centric than the surrounding county with 39.36% of the households containing married families with children. The county average for households married with children is 36.2%.
The median household income in Forest Grove, Oregon is $73,499. The median household income for the surrounding county is $92,025 compared to the national median of $69,021. The median age of people living in Forest Grove is 35 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 42.3 inches per year, with 3.5 inches of snow per year.