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Listed by Triple Oaks Realty LLC • 541-556-5093
$ 1,170,000
Est. payment | /mo
22.51 Acres Lot
$ 1,170,000
Est. payment | /mo
22.51 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 281912372
HOA Y/N No
Annual Tax Amount $803
Tax Year 2025
Lot Size 22.510 Acres
Property Sub-Type Farm
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.
Location
State OR
County Lane
Area _235
Zoning E30
Exterior
Fence CrossFenced, Wood
Utilities Available ElectricityConnected, Well
View Territorial
Garage No
Building
Lot Description Cleared, Gated, Trees
Schools
Elementary Schools Creslane
Middle Schools Creswell
High Schools Creswell
Others
Acceptable Financing Cash
Listing Terms Cash
Nearby Locations
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