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- LoopNet Team
27055 SE Meier Ln
Boring, OR 97009
Meier Dairy Farm + Water Rights · Land For Sale
·
69.00 AC
INVESTMENT HIGHLIGHTS
- Huge upside available from upgrading the 4 single family homes
- May be able to be subdivided into multiple housing lots.
- Can be used for Cannabis/Hemp Cultivation (With application and application fee)
- Perfect for a multigenerational farm.
PROPERTY FACTS
DESCRIPTION
The Meier Dairy Farm is a rare property in that it has multiple uses and exit strategies. 1. LEGACY: USE AS A FARM: Originally the property was the headquarters of The Meier Dairy. They served the Portland area for decades. 69+ acres and water rights are included. UPSIDE 1: CANNABIS + HEMP: Clackamas County staff confirmed that use for Cannabis+Hemp cultivation is possible with an application and fee. 2. MULTIFAMILY PORTFOLIO: The existing 4 homes have significant value as rentals. Some upgrading will help optimize potential. 3. UPSIDE 2: Combine the rental value of the 4 homes with the rental of the farmland. 4. UPSIDE 3: Subdivide for housing. While this takes some time...its a key strategy for increasing wealth used by many developers. Note: Check with the county! 5. MULTI-GENERATIONAL FARM/COMPOUND: The rare opportunity to have a multigenerational compound or farm.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $57,231 |
PROPERTY TAXES
