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Refined Real Property LLC
82447 BUTTE RD, Creswell, OR 97426
- $1,170,000
- List Price
- $1,170,000
- Days on Market
- 1
- MLS#
- 281912372
- Property Type
- Land
- Lot Size
- 20 to 49.99 Acres
- Region
- Lane Co: South Lane Properties
- Status
- ACTIVE
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.
Additional Information
- Tax Amount
- $803
- High School
- Creswell
- Elementary School
- Creslane
- Middle School
- Creswell
- Acres
- 22.51
- Property Type
- Farm
- Terms
- Cash
- View
- Territorial
- Farm Type
- Farm
- Utilities Included
- Electricity Connected, Well
- Number Of Lots Total
- 1
- Present Use
- Agricultural
- Road Surface
- Gravel
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Listing courtesy of Triple Oaks Realty LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.