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Courtesy: Wolf N.w. Properties, Inc.
  • Price:

    • $4,477,000

  • Listing #:
    • 17522933
  • Class:
    • Commercial & Business
  • Type:
    • Commercial
  • Status:
    • Active
  • Apx. Acres:
    • 97.27
  • Apx. Sqft.:
    • 72950
  • Lot Size:
    • 50 to 99.99 Acre...
  • Year Built:
    • 1985
  • Waterfront:
    • Water Property,
  • Address:
    • 17770 S SCHMIDT RD
  • City:
  • County:
    • Clackamas
  • Area:
    • Oregon City, Beavercreek, Canby, Molalla, Mulino
  • State:
    • OR
  • Zip:
    • 97004

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Description

Rare opportunity! 97 acres with operating lumber mill generating $17,500/mo lease income (written lease with escalation clause). Home rental income of $2000/mo plus income from Christmas tree land lease: 100,000+/- trees at $1.00 per tree when trees are sold. Projected cap rates of 3.66% - 6.82%. Upscale custom home with masonry fireplaces & extensive use of natural wood. Cultivated land with jory soil, pond & timber. 40+/- min to PDX.
  • Water Property:
    • - Water Property
  • Construction:
    • - Metal
    • - Wood
  • Features:
    • - Office
  • Fuel Description:
    • - Propane
  • Road Surface:
    • - Paved
  • Roof Type:
    • - Metal
  • Water Description:
    • - Well
  • Sewer Description:
    • - Septic Tank
  • Waterfront Description:
    • - Other
  • Water Name:
    • - Pond
  • ViewYN:
    • - Yes
  • View Description:
    • - Pond
    • - Trees
  • Occupancy Types:
    • - Leased
  • Present Use:
    • - Industrial
    • - Office
    • - Warehouse/warehousing
  • Operating Expenses Actual:
    • - 65746
  • Gross Income Projected:
    • - 305251
  • Gross Income Actual:
    • - 229800
  • Net Income Projected:
    • - 305251
  • Net Income Actual:
    • - 164054
  • Existing Lease Type:
    • - 5 - 10 Years Remaining
    • - Escalation Clause
  • Lease Amount:
    • - 19500
  • Zoning:
    • - Efu
  • Tax Amount:
    • - 40211.40
  • Heating:
    • - Hot Water
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