Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    EFU Zoned Timberland Acreage Title is generated by Realmo AI

    Currin, Estacada, OR 97023

    View on Map
    Claim this Listing
    New
    For Sale
    $395,000

    LAND - Estacada, OR

    Lot size:
    20.05 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 2:06 am

    Property Features for Currin

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    EFU
    Standard status
    Active
    APN
    00928973
    Lot size
    20.05 Acres

    Taxes and HOA fees

    Tax Description
    SECTION 09 TOWNSHIP 3S RANGE 4E TAX LOT 01704
    Tax Annual Amount
    161

    Utilities

    Water front features
    Creek

    We can help!

    Listing Contact
    Jennifer Ontiveros

    Listing agent Jennifer Ontiveros

    Listing office Oregon First 123 E Powell Blvd Ste 101, Beaverton, OR

    Listing date Jun 4, 2026

    MLS# 171425204 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 20.05‑acre property in Estacada, Oregon with Creek waterfront features
    • Zoned EFU (Exclusive Farm Use)
    • Currently filled with marketable timber
    • Adjoins property for sale at 27737 SE Currin Rd (4 bed, 2 bath) on an additional 20.38 acres
    • Purchase both parcels to own over 40 acres total (20.05 + 20.38)
    • Seller notes Clackamas County “Income Test” inquiry for residential development in EFU zoning; buyer to do due diligence

    Overview

    This offering consists of 20.05 acres of land in EFU zoning, currently filled with marketable timber. The property is presented as a timber-producing tract in Oregon countryside, offering a secluded, rural setting.

    The seller notes there is an adjoining property also available for sale, referenced as 27737 SE Currin Rd, which includes a 4-bedroom, 2-bath residence and an additional 20.38 acres. Buyers interested in expanding acreage may coordinate with the seller regarding the adjoining tract.

    EFU zoning means any future use or development would require review of applicable requirements. The remarks specifically call out inquiries with Clackamas County regarding an Income Test for residential development and other allowable development with an approved intended use. Prospective buyers should perform due diligence regarding intended use and timber value prior to closing.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Estacada
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.317931
    Latitude
    45.320764

    Nearby Similar for Sale

    • $729,900
      2,872 SF

      Spacious Home with Attached ADU

      4-bed, 2.5-bath home with 2-bed, 1-bath ADU.
      504 NE TRILLIUM Dr, Estacada, OR 97023
      View Details
    • $649,900
      2,680 SF

      Estacada Multifamily Property with ADU

      Multifamily property with attached ADU, ideal for multigenerational living.
      690 E 1ST Ave, Estacada, OR 97023
      View Details
    • $649,900
      2,680 SF

      Multigenerational Living with ADU Potential

      Duplex with attached ADU, ideal for income or dual living.
      1048 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $219,000
      200 SF

      Waterfront Land with Cabin, Estacada

      Waterfront property with cabin on Estacada Lake.
      21970 S RIVER LAKE Rd, Estacada, OR 97023
      View Details
    • $649,900
      2,680 SF

      Multigenerational Living with ADU Potential

      Multifamily property with attached ADU, ideal for dual living.
      1018 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $325,000

      Estacada Residential Development Opportunity

      9.16 acre residential development opportunity in Estacada, Oregon.
      Tax Lot - 34E20 0050, Estacada, OR 97023
      View Details
    • $1,595,000
      5,000 SF

      Estacada Brewery and Restaurant ForSale

      Fully operational brewery and restaurant in the heart of Estacada.
      326 S Broadway Street, Estacada, OR 97023
      View Details
    • $999,950

      54 Acres of Scenic Oregon Land

      Scenic 54-acre Oregon countryside property near Estacada.
      SE Michaels, Estacada, OR 97023
      View Details
    • $600,000

      Land For Sale, Estacada, OR

      Land for sale in Estacada, Oregon with R2 zoning.
      585 SE 4TH Ave, Estacada, OR 97023
      View Details
    • $379,000
      1,248 SF

      Mixed-Use Property in Estacada

      Mixed-use commercial property with storefronts and residential unit.
      356 S BROADWAY, Estacada, OR 97023
      View Details
    • $1,250,000

      60 Acre Golf Course Property

      60-acre golf course with equipment, residence, water rights, ponds.
      25230 S WALLENS Rd, Estacada, OR 97023
      View Details
    • $1,950,000

      Estacada Specialty Property For Sale

      Specialty property available in Estacada, Oregon.
      20189 S Springwater Rd, Estacada, OR 97023
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 20.05-acre EFU-zoned property currently filled with marketable timber, offering an option for future development subject to county approval.
    Where is this agricultural land / farmland located?
    The property is located at Currin Estacada, OR.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 20.05‑acre property in Estacada, Oregon with Creek waterfront features; Zoned EFU (Exclusive Farm Use); Currently filled with marketable timber
    (564) 236-4849
    We can help!
    Listing Contact
    Jennifer Ontiveros
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Currin, Estacada, OR 97023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!