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    3995 Lafollett Rd Cornelius, OR 97113

    Sponsored
    For Sale
    $2,295,000

    Luxury Estate: Riverfront, Mountain Views, Business Potential

    Property size:
    17,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    344
    This exceptional 40.49-acre Cornelius, Oregon property offers a unique blend of business opportunity and tranquil country living. The centerpiece is a substantial 17,600 square foot free-span steel building featuring a mezzanine and office space, perfect for a variety of commercial ventures. A separate 1,335 square foot shop provides additional workspace. The property boasts stunning views of three mountains and the Tualatin River, with the river running directly through the land. The meticulously maintained main home includes exquisitely updated kitchens and bathrooms, with breathtaking views visible from every window. Extensive infrastructure includes 3.5 miles of roads, a notable feature being a 1.4-mile, 35-foot-wide race track constructed with a packed 3/4 minus dirt road base and engineered cambered corners. Water rights are included. This expansive property presents an unparalleled opportunity to establish a thriving business, house a significant car collection, or simply enjoy the peace and privacy of a secluded country oasis. The rolling terrain and extensive acreage offer endless possibilities for development and enjoyment. The combination of commercial space, residential amenities, and recreational features makes this a truly exceptional offering. The property is located at 3995 SW LAFOLLETT Rd, Cornelius, OR. The asking price is $2,295,000.

    Property Features for 3995 Lafollett Rd

    General Information

    Property type
    Investment properties
    Square Feet
    17,600 SF
    Lot Size
    1,763,744 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Kitchen & Bath Food Market Plumbing Service Nursing Home Assisted Living Facility Senior Center Adult Day Care Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Washington
    State
    Oregon
    Longitude
    -123.0798
    Latitude
    45.49203

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    FAQs

    What type of property is this?
    Investment property - Luxury Estate: Riverfront, Mountain Views, Business Potential
    Where is this investment property located?
    The property is located at 3995 Lafollett Rd Cornelius, OR.
    What is the asking price?
    The asking price for this property is $2,295,000.
    (503) 906-1370
    Request Owner's contact information
    3995 Lafollett Rd Cornelius, OR 97113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3995 Lafollett Rd Cornelius, OR 97113
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