82447 Butte Rd, Creswell
$1,170,000
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- Lot size
- 22.51 acres
- Property type
- Land
- Days on market
- 9
Overview
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.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 22.51 acres
- Lot features
- Cleared, Gated, Trees
- View
- Yes
- View description
- Territorial
Schools
- High school
- Creswell
- Middle school
- Creswell
- Elementary school
- Creslane
Location
- City
- Creswell
- County
- Lane
- Zoning
- E30
Taxes and dues
- Annual taxes
- $804 (2025)
Location
82447 Butte Rd, Creswell, OR 97426
Monthly payment estimate
$6,294 /mo
- Principal and interest
- $6,227
- Property tax (2025)
- $67
- Total
- $6,294
Estimate only, and not an offer of credit. Assumes 20% down ($234,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.