FOR SALE $6,995,000 NEW PRICE

FARM LAND THOMAS MCDOWELL RAYMOND DUCHEK 503.225.8473 503.225.8492 5200 SW ROOD BRIDGE ROAD | HILLSBORO, OR 97123 [email protected] [email protected]

• ± 354.69 Acres • Zoned EFU - Exclusive Farm Use Washington County • Water rights from adjacent

• Currently used by Meriwether Golf Club INVESTMENT REAL ESTATE SERVICES INVESTMENT REAL ESTATE SERVICES

Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction. (503) 223 3171 • norris-stevens.com • 900 SW 5th Avenue • 17th Floor • Portland, OR 97204 FARM LAND 5200 SW ROOD RIDGE ROAD | HILLSBORO, OR 97123 FOR SALE

INVESTMENT HIGHLIGHTS THE OFFERING Norris & Stevens, Inc. is pleased to offer for sale ± 354 Acres of farm land adjacent to city of Hillsboro, .

This rich farmland is flanked by the meandering Tualatin River. The rolling terrain is rich in natural beauty and have a mix of open spaces, trees, ponds and indigenous bird and wildlife. Situated in the Tualatin Valley countryside, roughly 30 minutes from downtown Portland, the quiet, pastoral setting of Meriwether National Golf Club is the perfect counterpoint to the pressures of the city.

INVESTMENT HIGHLIGHTS

ASKING PRICE $6,995,000 (± $19,721 per Acre) • Location – 354+ acres on south edge of Hillsboro, Oregon and 40 minutes driving time from Downtown Portland. The property adjacent to the North is a popular City of ADDRESS 5200 SW Rood Bridge Rd | Hillsboro, OR Hillsboro Park called Rood Bridge Park.

LAND AREA ± 354.69 Acres (Per Washington County) • Future Development – Due to the proximity of the 354+ acres to growing urban area ± 11,214 SF, including pro shop,restaurant, next to the City of Hillsboro, sometime in the future it will be ready to develop. With the CLUBHOUSE lockers, banquet facilities for 250-300, wedding current farm zoning, various farm crops and nursery stock could generate income. There venues, meetings rooms, commercial kitchen is good frontage land on both Rood Bridge Road and Larson Road that is not being used AUXILIARY BUILDINGS ± 12,000 SF, multiple equipment barns and sheds as part of the golf course layout. There are two Measure 37 /49 residential building • 18 Hole Course - Par 72; 6,719 Yards rights which can be applied anywhere on the property to enhance value. COURSES • 9 Hole Executive Course - Par 30; 1,789 Yards • 9 Hole Foot Golf Course - Par 3, 4, 5

PARKING 245+ parking spaces on-site

WASHINGTON COUNTY EFU - Exclusive Farm Use - Washington County ZONING Conditional Use for Golf

FINANCIALS Available upon request

900 SW 5th Avenue • 17th Floor • Portland, OR 97204 503.223.3171 • norris-stevens.com INVESTMENTINVES TREALMENT E REALSTATE ES STAETERVICE SERSVICES Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction. FARM LAND 5200 SW ROOD RIDGE ROAD | HILLSBORO, OR 97123 FOR SALE ABOUT THE FARM LAND PROPERTY

UTILITIES • Irrigation Water – Meriwether National Golf Course has irrigation water rights to N pump water from Tualatin River. These water rights run with the land and can be N passed onto to future owners. The owners are able to pump water, using 2 water pumps, from the Tualatin River into several ponds on the course. Another series of pumps distributes the pond water through underground pipes throughout the course. During the rainy season the pump systems are reversed and pump the excess pond water back into the Tualatin River. All of the irrigation water is under the jurisdiction of TUALATIN RIVER the Tualatin Valley Irrigation District. • Potable Water – Drinking water comes from an 85 foot well in a warehouse across from the Club House. The water is filtered several times then is passed through UV anti-bacterial radiation equipment several times. The water is held in two 2500 gallon tanks, then pressurized to supply drinkable water to the club house and all of the rest rooms throughout the golf course. Monthly water samples are taken to a laboratory that generates reports sent to the State of Oregon for approval. Every 5 years Washington County physically inspects the entire potable water system. • Sewer System – All of the sewage is contained on the land through a septic system that is approved by Washington County. • Electricity – Portland General Electric supplies the electricity.

PUMP HOUSE PORTLAND

HILLSBORO 20.9 Miles - 40 Min

2.1 Miles - 7 Min TV HWY

MERIWETHER GOLF CLUB BEAVERTON 8.9 Miles - 22 Min N Farm Land

900 SW 5th Avenue • 17th Floor • Portland, OR 97204 503.223.3171 • norris-stevens.com INVESTMENTINVES TREALMENT E REALSTATE ES STAETERVICE SERSVICES Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction. FARM LAND 5200 SW ROOD RIDGE ROAD | HILLSBORO, OR 97123 FOR SALE

SITE AERIAL - SHOWING CURRENT USAGE

ZONING

• EFU - Exclusive Farm Use - Washington County, Conditional Use for Golf

The purpose of the Exclusive Farm Use District is to preserve and maintain agricultural lands for farm use consistent with existing and future needs for agricultural products, forests and open spaces; to conserve and protect scenic resources; to maintain and improve the quality of the air, water and land resources of the county and to establish criteria and standards for farm use and related supportive uses which are deemed appropriate.

For additional detailed information on conditional uses, please refer to Washington County’s website located: https://library.municode.com/or/washington_county/ codes/community_development_code?nodeId=ARTIIILAUSDI_340EXFAUSDIEF

Typical uses in this zoning is vineyards, nursery stock and various farm animals. In general with the conditional use of Golf, all golf related activities are allowed as long as the word “golf” is involved.

Potential Farm Land

18-Hole Course

Executive 9-Hole Course

Driving Range

Foot Golf Course

900 SW 5th Avenue • 17th Floor • Portland, OR 97204 503.223.3171 • norris-stevens.com INVESTMENTINVES TREALMENT E REALSTATE ES STAETERVICE SERSVICES Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction. FARM LAND 5200 SW ROOD RIDGE ROAD | HILLSBORO, OR 97123 FOR SALE

PROPERTY PHOTOS

Equipment barn Storage shed

Equipment barn Pump house

900 SW 5th Avenue • 17th Floor • Portland, OR 97204 503.223.3171 • norris-stevens.com INVESTMENTINVES TREALMENT E REALSTATE ES STAETERVICE SERSVICES Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction. FARM LAND 5200 SW ROOD RIDGE ROAD | HILLSBORO, OR 97123 FOR SALE

LESSONS ENCLOSED AREA ± 400 SF BALL STORAGE ± 160 SF

GOLF CART SHED CLUB HOUSE ± 6,912 SF ± 11,214 SF WAREHOUSE ± 1,520 SF

Club house area located in the center of the property

900 SW 5th Avenue • 17th Floor • Portland, OR 97204 503.223.3171 • norris-stevens.com INVESTMENTINVES TREALMENT E REALSTATE ES STAETERVICE SERSVICES Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction.