Condon, Oregon: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the rolling hills of eastern Oregon, Condon is emerging as a compelling destination for commercial real estate (CRE) investment. With its strategic location and diverse economy, this small city is becoming a hub for various industries. Condon's CRE landscape is defined by its agricultural roots, burgeoning renewable energy sector, and unique positioning within the Pacific Northwest.

Economic and Industry Overview

Condon's economy is heavily influenced by agriculture, with wheat farming and livestock production at the forefront. However, recent years have seen significant growth in renewable energy, particularly wind and solar power, driving demand for industrial and office spaces. The city's proactive economic development initiatives aim to diversify its economic base and attract new businesses, further bolstering the CRE market.

Strategic Location and Transportation Infrastructure

Condon is strategically located near major transportation routes, offering vital logistical advantages. U.S. Route 206 and Oregon Route 19 provide direct access to larger markets and labor pools. Although Condon lacks a major airport, its proximity to Eastern Oregon Regional Airport in Pendleton and the Port of Morrow enhances its connectivity. The region's Department of Transportation is continually working to improve infrastructure, facilitating smoother logistics for businesses.

Commercial Real Estate Inventory & Zoning

Condon's commercial real estate is characterized by its diverse submarkets, including downtown, industrial corridors, and the surrounding agricultural lands. The primary asset classes include industrial, retail, and office spaces, with a growing interest in flex properties. The city's zoning maps offer insights into various incentives for developers, including potential overlays and tax abatements.

Major Employers and Institutions

Key employers in Condon include agricultural cooperatives and renewable energy companies, such as the Wheatland Wind Project. The presence of government institutions like the Gilliam County Courthouse also drives demand for office space. For more information, visit the city's business directory.

Notable Commercial Developments & Projects

Condon is witnessing exciting commercial developments, including mixed-use projects and the expansion of its wind energy infrastructure. These developments often involve public-private partnerships and are frequently located within designated Opportunity Zones, providing additional incentives for investors.

Building Permits, Planning, and Development Tools

Investors and developers can access a wealth of resources through the city's Building and Safety Department, permitting portals, and GIS tools. The Planning Commission and online Development Code provide further guidance on navigating the local CRE landscape.

Market Data & Economic Reports

Public datasets, such as those from census.gov and the city's open data portal, offer valuable insights into Condon's economic profile. Brevitas utilizes AI-powered aggregation to provide comprehensive market data, helping investors make informed decisions. Explore Brevitas-powered dashboards for in-depth analysis of Condon's CRE opportunities.

Why Use Brevitas for Condon, Oregon CRE?

Brevitas stands out as a premier platform for discovering CRE opportunities in Condon, Oregon. With AI-driven discovery, real-time market alerts, and smart property pages, Brevitas offers unparalleled support to brokers and investors. Key features include: - Auto-generated listing pages - Email and landing page tools - Integration with brokers and developers - Exclusive listings and premium exposure

Leverage Brevitas to unlock the full potential of Condon's commercial real estate market.