Spearman, Oregon: A Premier Destination for Commercial Real Estate

Introduction

Spearman, Oregon is emerging as a prime location for commercial real estate investment, offering a blend of economic diversity and strategic positioning. With a population of approximately 50,000, Spearman boasts a robust economy driven by sectors such as biotechnology, logistics, and renewable energy. This unique industrial mix creates a dynamic market for various commercial property types, making Spearman an attractive hub for real estate professionals.

Economic and Industry Overview

Spearman's economy is characterized by a strong presence of biotech firms and renewable energy companies, which significantly drive demand for office and industrial spaces. The city's commitment to innovation is supported by the Spearman Economic Development Agency, which actively promotes growth through strategic initiatives. These initiatives include tax incentives and development grants aimed at attracting new businesses and supporting existing industry clusters.

Strategic Location and Transportation Infrastructure

Spearman's strategic location offers unparalleled access to key transportation networks. The city is serviced by major highways such as Interstate 84 and Route 26, facilitating efficient freight and commuter travel. Spearman’s proximity to the Port of Portland and the Spearman Regional Airport further enhances its logistical advantages, making it an optimal location for distribution centers and manufacturing facilities. For more details, visit the Oregon Department of Transportation and Port of Portland websites.

Commercial Real Estate Inventory & Zoning

Spearman is home to several vibrant CRE submarkets, including the Downtown Central Business District (CBD) known for its premium office spaces and retail corridors. The city's industrial corridors, such as the Spearman Industrial Park, are ideal for warehousing and manufacturing. Notably, the city has introduced zoning changes to encourage mixed-use developments and innovation districts. For zoning maps and parcel viewers, refer to the City of Spearman Planning Department.

Major Employers and Institutions

Key employers in Spearman include biotech giant BioMed Inc., logistics leader Spearman Logistics, and renewable energy firm GreenPower Solutions. The presence of Spearman University and Spearman State College adds a vibrant academic dimension, fostering innovation and research partnerships. Detailed business directories are available on the Spearman Economic Development Agency.

Notable Commercial Developments & Projects

Significant developments in Spearman include the Spearman Innovation Park, a mixed-use project combining office, retail, and residential spaces. Public-private partnerships are actively shaping these projects, with opportunities for investment in designated Opportunity Zones. Planning department resources and site maps are accessible through the Spearman Planning Commission.

Building Permits, Planning, and Development Tools

For comprehensive development resources, Spearman offers a range of online tools:

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

Market Data & Economic Reports

Access public data sets and economic impact reports via census.gov and the city's open data portal. Brevitas enhances your research with AI-powered aggregation from these public sources, offering comprehensive insights through its Brevitas-powered dashboards.

Why Use Brevitas for Spearman, Oregon CRE?

Brevitas stands out as the premier platform for discovering commercial real estate opportunities in Spearman, Oregon. Our AI-driven tools offer:

• Auto-generated listing pages
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

With Brevitas, gain access to exclusive listings, premium exposure, and seamless integration with brokers and developers. Explore Brevitas to unlock the full potential of Spearman’s commercial real estate market.