Corvallis, OR
Commercial Real Estate Market Trends & Data

$198 Avg asking sale price
$21 Avg asking lease rate
3,635 SF Avg unit lease size
34,032 SF Avg building size for sale
6.68% Average cap rate

Corvallis's Demographic Profile

Corvallis has 25,261 households and a median income of $58,091, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 63,139
# Households 25,261
Median age 31
Median household income $58,091
Avg household size 2.0
Renter-occupied housing units 14,954
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Corvallis, OR

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Corvallis $221 25,348 SF 8.08%
Albany $194 17,379 SF 7.52%
Dallas $137 7,082 SF 8.27%
Nearby Retail Markets Avg Cost/SF Typical Size
Corvallis $219 11,433 SF
Albany $236 29,374 SF
Independence $155 5,863 SF
Junction City $176 5,590 SF
Dallas $152 6,966 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Corvallis $155 72,581 SF 6.75%
Albany $198 4,372 SF 7.52%
Monmouth $215 19,205 SF 6.06%
Dallas $305 16,224 SF 5.37%
Lebanon $200 30,174 SF 5.84%

Commercial Properties For Sale in Corvallis

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Fillmore Inn Studio Apartments

Corvallis, OR 97330

  • 183,000 SF Multifamily
  • 6.75% Cap Rate
  • $14,942,640
For Sale

The Arcade Apartments

Corvallis, OR 97330

  • 25,545 SF Multifamily
  • 6.40% Cap Rate
  • $4,795,888
For Sale

127 SW 4th St

Corvallis, OR 97333

  • 10,060 SF Retail Building
  • $1,650,000
For Sale

Willamette Court804

Corvallis, OR 97330

  • 9,198 SF Multifamily
  • $2,600,000
For Sale

115 NW Harmony Ln

Corvallis, OR 97330

  • 3,375 SF Specialty
  • $1,290,000
For Sale

53rd Street

Corvallis, OR 97333

  • 1.71 AC Lot
  • 1 Residential Income Lot
  • $1,750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Corvallis pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Corvallis $198 34,032 SF
Philomath $231 5,331 SF
Albany $196 11,649 SF

Regional Demographic Comparison

This comparison places Corvallis alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Corvallis or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Corvallis 63,139 25,261 31 $58,091 2 14,954 5%
Philomath 5,938 2,375 38 $64,193 3 1,056 6%
Tangent 1,142 437 43 $78,333 3 105 1%
Albany 58,924 23,113 40 $69,774 3 9,352 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Corvallis, OR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Corvallis

View All Commercial Real Estate For Sale in Corvallis
Is Corvallis a good market for a first-time commercial real estate investor?

Corvallis offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Corvallis?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Corvallis. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Corvallis?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Corvallis. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Corvallis compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Corvallis. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Corvallis acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Corvallis, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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