Pacific City, Oregon: A Premier Destination for Commercial Real Estate

Introduction

Pacific City, Oregon, is emerging as a notable hub for commercial real estate (CRE) investment. Nestled along the stunning Oregon coast, Pacific City offers unique opportunities for CRE professionals, driven by its small yet dynamic economy, which is bolstered by tourism, agriculture, and emerging tech sectors. Its strategic location and supportive business environment position it as a promising destination for various types of commercial properties, including retail, industrial, and office spaces.

Economic and Industry Overview

Pacific City’s economy is primarily supported by tourism, given its scenic coastal location, which drives demand for retail and hospitality properties. The city is also seeing growth in the tech and green energy sectors, thanks to regional economic development initiatives. The Oregon Economic Development Association plays a key role in fostering economic growth, offering resources and support to businesses expanding in the region.

• Major Industries: Tourism, agriculture, tech, green energy
• Demand Drivers:
  • Retail and hospitality spaces due to tourism
  • Office spaces for tech startups and green energy companies

Strategic Location and Transportation Infrastructure

Pacific City benefits from excellent transportation infrastructure that enhances its logistical appeal:

• Highways: Easy access to Highway 101, a major north-south route along the Pacific Coast.
• Airports: Proximity to the Tillamook Airport offers convenient air travel options.
• Ports: Nearby Port of Tillamook Bay facilitates cargo and shipping operations.

These transportation links provide significant logistical advantages for distribution and access to labor pools. For more detailed information, visit the Oregon Department of Transportation website.

Commercial Real Estate Inventory & Zoning

Pacific City’s commercial real estate landscape is characterized by diverse submarkets:

• Downtown Area: Predominantly retail and office spaces, ideal for businesses catering to tourists.
• Industrial Corridors: Located on the outskirts, suitable for warehousing and light manufacturing.
• Innovation Districts: Emerging areas attracting tech and green energy companies.

The city has implemented several zoning incentives to attract developers, including mixed-use overlays and tax breaks. For zoning maps and parcel viewers, please refer to Pacific City’s Zoning Maps.

Major Employers and Institutions

Key players in Pacific City’s economy include:

• Nestle: A leading employer with a significant presence in the area.
• Local Universities and Research Centers: Contributing to a skilled labor force and innovation.
• Government Centers: Providing stability and demand for office spaces.

For more information, visit the City Business Directory.

Notable Commercial Developments & Projects

Several large-scale projects are shaping the CRE landscape in Pacific City:

• Mixed-Use Developments: Integrating retail, office, and residential spaces.
• Innovation Parks: Designed to foster tech and green energy startups.
• Opportunity Zones: Offering tax incentives to investors.

For planning details and site maps, check out the Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Pacific City offers robust planning and development resources:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Stay informed with public data sets and reports:

• Census.gov
• City’s Open Data Portal
• Economic impact reports from regional development agencies.

Brevitas uses AI-powered aggregation to provide comprehensive insights, inviting users to explore Brevitas-Powered Dashboards.

Why Use Brevitas for Pacific City, Oregon CRE?

Brevitas offers a cutting-edge platform for CRE discovery in Pacific City:

• AI-Driven Insights: Real-time market alerts and smart property pages.
• Dealroom Collaboration: Streamlined communication and document sharing.
• Unique Features:
  • Auto-generated listing pages
  • Email and landing page tools
  • Integration with brokers and developers
  • Exclusive listings and premium exposure

For a seamless experience in exploring Pacific City’s commercial real estate opportunities, leverage Brevitas’ robust tools and insights.