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    Lakeview Dr Culver, OR 97734

    Sponsored
    For Sale
    $7,000,000

    Profitable Marina & Retail Business

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents the chance to acquire the highly successful D&D Marina, nestled within the gated Three Rivers Recreational Area on picturesque Lake Billy Chinook in Culver, Oregon. Priced at $7,000,000, this established business boasts a substantial income stream generated from its 291 moorage slips, all currently under annual lease agreements. Adding to its profitability is a 1208 square foot retail store, also generating consistent revenue. Further enhancing the operational capabilities, the property includes functioning gas pumps and propane services, providing additional income streams and convenience for marina patrons. The marina's location within a gated community ensures a secure and controlled environment. A significant advantage is the property's Measure 49 designation from the State of Oregon, allowing for potential subdivision, opening up exciting possibilities for future development and expansion. This turnkey operation offers a rare chance to own a thriving, established marina business with significant income potential and the flexibility for future growth. The property is being sold as a complete business opportunity, including all existing infrastructure and operational elements. Financial details and supporting documentation are available upon request. This is a truly unique opportunity for a discerning investor seeking a profitable and established business in a desirable recreational location.

    Property Features for Lakeview Dr

    General Information

    Property type
    Investment properties
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Culver
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.3777
    Latitude
    44.58236

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    FAQs

    What type of property is this?
    Investment property - Profitable Marina & Retail Business
    Where is this investment property located?
    The property is located at Lakeview Dr Culver, OR.
    What is the asking price?
    The asking price for this property is $7,000,000.
    (541) 977-8866
    Request Owner's contact information
    Lakeview Dr Culver, OR 97734
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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
    Lakeview Dr Culver, OR 97734
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