82447 Butte Rd, Creswell, OR 97426
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
82447 Butte Rd,Creswell, OR 97426
$1,170,000
- 22.51 Acres
- Lots / Land
- Active
Listed by: brent cole
Office: triple oaks realty llc.541-636-3666
MLS#:281912372
Source:PORTLAND
Price summary
- Price:$1,170,000
About this home
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.
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Home facts
- Listing ID #:281912372
- Added:2 day(s) ago
- Updated:October 22, 2026 at 04:01 PM
Structure and exterior
- Lot area:22.51 Acres
- Lot Features:Cleared, Gated, Trees
Schools
- High school:Creswell
- Middle school:Creswell
- Elementary school:Creslane
Utilities
- Water:Water - Well
Finances and disclosures
- Price:$1,170,000
- Tax amount:$804 (2025)
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