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    OFF-MARKET
    Land

    35577 Surface Rd, Estacada, OR 97023

    19.66 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 19.66 ac (856,390 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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