12770 Macksburg Rd, Canby, OR 97013

This exceptional Canby, Oregon industrial property, located at 12770 S Macksburg Rd, offers 44,689 square feet of flex/manufacturing space on a 41.5-acre lot. Currently operating as a fully equipped berry processing facility, the property boasts a 6.42% cap rate and a strong NOI of $218,386. The property is zoned EFU, Clackamas County, and benefits from its prime location in the Willamette Valley, providing easy access to Highway 99E and Interstate 5. Currently leased under a gross lease to a single tenant, California Splendor, Inc., with the lease expiring April 29, 2025. While the tenant has expressed interest in remaining, no lease extension is currently in place. Approximately 18 acres of the site are underutilized, presenting significant potential for future development, including additional crop planting or potential subdivision for residential use after lease expiration. The asking price is $2,900,000, translating to $93.98 per square foot. This presents a compelling investment opportunity with strong existing income and substantial future upside.