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

    Northrup Creek Rd Birkenfeld, OR 97016

    View on Map
    Claim this Listing
    For Sale
    $449,000

    LAND - Birkenfeld, OR

    Lot size:
    44.00 Acres
    Added:
    Mar 25, 2025
    Days on Market:
    397
    Last Refresh:
    Apr 25 at 9:06 am

    Property Features for Northrup Creek Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    F-80
    Standard status
    Active
    APN
    7580
    Lot size
    44.00 Acres

    Taxes and HOA fees

    Tax Description
    THAT POR OF THE SE 1/4 SEC 28, LYG W OF THE NEHALEM RIVER & N OF STATE HWY #202
    Tax Annual Amount
    1359

    Utilities

    Water front features
    River Front

    We can help!

    Listing Contact
    Pat Griffith

    Listing agent Pat Griffith License #891200192

    Listing office John L. Scott 1800 NW 167th Pl Ste 100, Beaverton, OR

    Listing date Mar 25, 2025

    MLS# 685973355 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.

    Overview

    Nehalem River Frontage Land

    This 44-acre property in Birkenfeld, Oregon, presents an opportunity to own land with significant features. The property includes a level wooded area adjacent to over 1000 feet of Nehalem River frontage, offering long-term timber investment potential. The land borders the Clatsop State Forest, expanding recreational opportunities. The Nehalem River supports annual runs of cutthroat trout, steelhead, and salmon. The property is accessible via paved roads. The timber composition includes approximately 12 acres of 7-year-old trees, 14 acres of 21-year-old trees, with the remaining acreage consisting of older-growth trees. The property is zoned F-80. Wildlife is abundant in the area, making it suitable as a base camp for outdoor activities. The seller will retain mineral rights at closing.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Birkenfeld
    County
    Columbia
    State
    Oregon
    Longitude
    -123.427494
    Latitude
    45.981645

    Nearby Similar for Sale

    • $50,000

      Residential Lot Near Fishhawk Creek

      Flat, grassy lot near Fishhawk Creek, ideal for building.
      10304 FIELD CREST Dr, Birkenfeld, OR 97016
      View Details
    • $749,000

      Recreational Land Bordering State Forest

      Secluded recreational property bordering Clatsop State Forest with abundant wildlife.
      Northrup Creek Rd, Birkenfeld, OR 97016
      View Details
    • $439,000

      Recreational Land with River Frontage

      Timber investment and recreational land with river and forest access.
      Northrup Creek Rd, Birkenfeld, OR 97016
      View Details
    • $10,000

      Creekside Lot in Fishhawk Lake

      Sloped creekside lot perfect for a vacation home.
      10235 RIDGE VIEW Ter, Birkenfeld, OR 97016
      View Details
    • $45,000

      Boxler Creek Retreat in Birkenfeld

      Serene 0.30-acre lot along Boxler Creek at Fishhawk Lake.
      71868 NORTHSHORE Dr, Birkenfeld, OR 97016
      View Details
    • $29,500

      Land Near Fishhawk Lake

      0.22 acre lot near Fishhawk Lake with utilities.
      71529 FISHHAWK Rd, Birkenfeld, OR 97016
      View Details

    FAQs

    What type of property is this?
    Recreation land - 44 acres with river frontage and timber investment potential.
    Where is this recreation land located?
    The property is located at Northrup Creek Rd Birkenfeld, OR.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Over 1000 ft of Nehalem River frontage.; Borders Clatsop State Forest, expanding recreational opportunities.; Timber investment potential with varying age classes of trees.
    (503) 939-9090
    We can help!
    Listing Contact
    Pat Griffith
    Real Estate License ID: 891200192
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!