35577 Surface Rd, Estacada, OR 97023
This exceptional 19.66-acre property in Estacada, Oregon, presents a compelling investment opportunity. Located just 45 minutes from downtown Portland, this expansive land parcel offers significant potential. A recent timber cruise estimates a net timber value exceeding $500,000; however, interested parties are advised to conduct their own independent verification. The property currently includes two existing dwellings, though they require substantial renovations. The land's versatility is further enhanced by the possibility of dividing it into three separate parcels, subject to verification with Clackamas County. Additionally, preliminary assessments suggest the potential for a secondary access road, pending approval from Clackamas County. This property, located at 35577 SE Surface Rd, Estacada, OR 97023, is listed at $950,000. Detailed information is available upon request. Buyers are responsible for conducting their own due diligence regarding zoning, permitting, and all other relevant factors. This is a unique opportunity to acquire a substantial land holding with considerable upside potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.