CannaMLS ID: 21347
Turn-key Cannabis Cultivation Farm for Sale or Lease in Eagle Creek, Oregon
Super Functional Farm Space
Eagle Creek, OR 97022
Created | Updated
Price
$ 1,500,000
Seller financing available
Turn-key 2-acre hemp cultivation for sale/lease in Eagle Creek, Oregon. Fully equipped with greenhouses, 1200A power, water rights & OLCC prepped.
- Property
- Licenses
- General
Property
Address: 29880 SE Folsom Rd
Property is: For sale, For lease
Property type: Agriculture
Purchase price: $ 1,500,000
Monthly lease rate: $ 15,000
Zoning: EFU
Lot size (acres): 2
Power: 1,200 amps
- Property
- Licenses
- General
Property
Address: 29880 SE Folsom Rd
Property is: For sale, For lease
Property type: Agriculture
Purchase price: $ 1,500,000
Monthly lease rate: $ 15,000
Zoning: EFU
Lot size (acres): 2
Power: 1,200 amps
Description
This fully equipped 2-acre property is zoned EFU and ideal for investment, or for an owner-user as a hemp, agricultural or cannabis operations. Tenant is currently operating/renting at $15,000. Available for stable cash flow at a 12% cap rate.
It includes water rights and 1,200 amps of power, with underground infrastructure for communications, electricity, and propane already in place. The site features 9 greenhouses (6 fully automated, climate-controlled 30x96), 10 shipping containers (6 fully automated, 4 standard), and on-site housing for up to eight workers. The property is zoned for hemp, OLCC-licensed recreational and medical cannabis, with application materials prepped. It also includes $500,000+ worth of equipment and has a tax-assessed value exceeding $700,000, making it turn-key and income-ready.
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