Investment opportunity on 22.51 acres in Creswell, Oregon, featuring an established cannabis-related agricultural operation with an existing NNN lease. Currently generating $84,000 in annual contractual base rent ($7,000/month), representing a 7.18% gross contractual yield at the asking price. Lease extends through June 2029. Property features agricultural improvements, cultivation areas, existing structures, and a combination of open acreage and wooded land. Zoned E-30 (Exclusive Farm Use), with a Lane County land-use compatibility determination relating to indoor/outdoor marijuana production and wholesale. Potential for additional OLCC-licensed operations, subject to regulatory approvals. An opportunity for investors seeking existing rental income or prospective owner-operators evaluating future agricultural and cannabis-related uses. Buyer to verify lease terms, OLCC licensing, water rights, utilities, and permitted uses.
Install new electrical service panels to accommodate additional load in an agricultural building.
Electrical
Apr 9, 2025 • Final
Commercial electrical
Replace the electrical panel on the north side of the main building on the property.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Creswell, OR • 97426
Average low and high temperatures (°F)
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33
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58
41
63
42
69
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77
51
84
55
85
57
77
53
64
44
54
41
50
39
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Feb
Mar
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May
Jun
Jul
Aug
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Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Creswell. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 82447 Butte Rd
$1,149,559
$20K under list price of $1.17M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $1.2M.