Property profile

35577 Surface Rd Estacada, OR 97023

OFF-MARKET
Land
19.66 ac lot
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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

Location

35577 Surface Rd Estacada, OR 97023
Estacada metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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