Property Description
Investment opportunity on 22.51 acres in Creswell, Oregon, featuring an established cannabis-related agricultural operation with an existing NNN lease. Currently generating $84,000 in annual contractual base rent ($7,000/month), representing a 7.18% gross contractual yield at the asking price. Lease extends through June 2029. Property features agricultural improvements, cultivation areas, existing structures, and a combination of open acreage and wooded land. Zoned E-30 (Exclusive Farm Use), with a Lane County land-use compatibility determination relating to indoor/outdoor marijuana production and wholesale. Potential for additional OLCC-licensed operations, subject to regulatory approvals. An opportunity for investors seeking existing rental income or prospective owner-operators evaluating future agricultural and cannabis-related uses. Buyer to verify lease terms, OLCC licensing, water rights, utilities, and permitted uses.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Triple Oaks Realty LLC
Agency Contact: 541-556-5093
Shown By
Agent Name: Katie McGinnis Broker
Agent Phone: (541) 639-9794
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 6,324.41 per month $5,916.16 Principal & Interest $67.00 Property Tax $341.25 Homeowner's InsuranceChange Payment Information
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82447 Butte Rd | MLS# 281912372
This land located at 82447 Butte Rd, Creswell, OR 97426 is currently listed for sale with an asking price of $1,170,000. The property has approximately 22.51 Acres. Search Creswell real estate on katiemcginnis.bendpremierrealestate.com today.