Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3045 NW Campus Dr Estacada, OR 97023

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,699,000

    Fully leased cannabis processing building with high-level security.

    Property size:
    5,800 SF
    Lot size:
    0.47 Acres

    Property Features for 3045 NW Campus Dr

    General Information

    Standard status
    Active
    Size
    5,800 SF
    Lot size
    0.47 Acres

    Building Details

    Year built
    1997

    We can help!

    Listing Contact
    Tim Whiting
    Source: Corcoran

    Listing Agency: MORE REALTY Listing Agent: Tim Whiting

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Leased Cannabis Processing Building

    This is a fully leased cannabis processing building with a total of approximately 5800 square feet. The property is currently leased and the lessee will stay and occupy the premises. One side of the building features two finished offices with a kitchenette and restroom, along with an additional unfinished office in the shipping area, all equipped with high-level security. There is also an unfinished conference room and four offices with storage on the second floor. The property has 200 amps of 208 three-phase power. The processing side includes two offices with two finished product rooms, a walk-in freezer, a receiving area with an overhead door, and a kitchen area with a vented hood. Additionally, there is a blast room and baking area. This section of the building is equipped with 800 amps of 208 three-phase power. Onsite parking is available for 11 vehicles, with additional on-street parking. The building has a new roof and trim.
    Location Intelligence

    Current Use by Public Records

    Cannabis Properties

    Suggested Use

    Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Department Store Kitchen & Bath Showroom Grocery & Convenience Store Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Estacada
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.3488509
    Latitude
    45.3113191

    Nearby Similar for Sale

    • New
      $1,250,000
      60.00 Acres

      60 Acre Golf Course Property

      60-acre golf course with equipment, residence, water rights, ponds.
      25230 S Wallens Rd, Estacada, OR 97023
      View Details
    • $1,595,000

      Estacada Brewery and Restaurant ForSale

      Fully operational brewery and restaurant in the heart of Estacada.
      326 S Broadway St, Estacada, OR 97023
      View Details
    • $1,950,000

      Estacada Specialty Property For Sale

      Specialty property available in Estacada, Oregon.
      20189 S Springwater Rd, Estacada, OR 97023
      View Details
    • $600,000
      3.94 Acres

      Land For Sale, Estacada, OR

      Land for sale in Estacada, Oregon with R2 zoning.
      585 SE 4Th Ave, Estacada, OR 97023
      View Details
    • Contact for pricing
      10,031 SF

      Brewery and Public House For Sale

      Estacada brewery with public house and beer garden on 4.5 acres.
      20189 S Springwater Rd, Estacada, OR 97023
      View Details
    • $399,500
      1,248 SF

      Mixed-Use Property in Estacada

      Mixed-use commercial property with storefronts and residential unit.
      356 S Broadway St, Estacada, OR 97023
      View Details
    • $1,699,000
      5,800 SF

      3045 Campus Dr, Estacada, OR 97023

      Industrial properties • 5,800 SF
      3045 Campus Dr, Estacada, OR 97023
      View Details
    • $1,250,000
      6,170 SF

      60-Acre Golf Course Property

      Operating golf course on 60 acres in Estacada, Oregon.
      25230 S Wallens Rd, Estacada, OR 97023
      View Details
    • $1,250,000

      60 Acre Golf Course Opportunity

      60-acre golf course with equipment, residence, and water rights.
      25230 S Wallens Rd, Estacada, OR 97023
      View Details
    • $5,500,000
      1,524 SF

      Private Airport on 53 Acres

      Private grass strip airport on 53 acres in Oregon.
      30675 SE Ely Rd, Estacada, OR 97023
      View Details

    FAQs

    What type of property is this?
    Cannabis property - Fully leased cannabis processing building with high-level security.
    Where is this cannabis property located?
    The property is located at 3045 NW Campus Dr Estacada, OR.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - Fully leased cannabis processing building with existing tenant; - Total of approximately 5800 sq ft; - High-level security features throughout the building
    (503) 353-6673
    Request Owner's contact information
    3045 NW Campus Dr Estacada, OR 97023
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3045 NW Campus Dr
    Estacada, OR 97023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3045 NW Campus Dr Estacada, OR 97023
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tim Whiting
    Real Estate License ID: 201211921
    (503) 353-6673 (503) 780-0454 (503) 658-2030
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!