93893 Clifton Rd 94159, Westport, OR 97016-3208
Exceptional investment opportunity: Bradwood Mill Site, a sprawling 390.15-acre commercial land parcel in Clatskanie, Oregon (97016), presents significant development potential. Located at River Mile 38, 2.4 miles from Highway 30 and 22 miles upstream from Astoria, this property boasts a unique blend of features. Fifty acres are zoned for marine industrial use, with potential for expansion. An estimated 100 acres of flat waterfront land is available, complemented by approximately 300 acres of sloped forest land. A substantial mill pond exists, fed by dredge sand already on-site, which could also raise the 50-acre industrial zone by a foot. Hunt Creek, historically powering Oregon's first commercial sawmill, traverses the property. A significant dock area, approximately 150 feet deep by 500 feet wide, is present at the Clifton Channel, with water depths ranging from 35 to 40 feet at the existing pilings. While requiring permit and some repairs, the below-waterline pilings remain functional. A rail line, operated by Portland & Western Railroad, Inc., runs through the property, with potential reactivation for connection to the nearby Wauna Mill. This property offers a rare combination of waterfront access, industrial zoning, and rail connectivity, making it ideal for a variety of commercial ventures. The asking price is $10,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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