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    18610 Taylor Rd Merrill, OR 97633

    Sponsored
    For Sale
    $985,000

    Ranch, Farm - Merrill, OR

    Type:Farm
    Property size:
    3,982 SF
    Lot size:
    40.00 Acres
    Days on Market:
    23
    Last Refresh:
    Jan 20 at 8:06 am

    Property Features for 18610 Taylor Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    FR
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office
    Bedrooms
    5
    Bathrooms
    4
    APN
    104862
    Parking features
    Driveway
    Interior features
    Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Open Floorplan, Pantry, Shower/Tub Combo, Stone Counters, Tile Counters, Tile Shower, Wet Bar
    Fireplace
    1
    Appliances
    Cooktop, Dishwasher, Garbage Disposer, Washer
    Size
    3,982 SF
    Lot size
    40.00 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1976
    Floors in Building
    2
    Flooring type
    Carpet, Concrete, Vinyl
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Jack L Rookstool

    Rookstool Moden Realty LLC (541) 883-3781 [email protected]

    Listing agent Jack L Rookstool (541) 883-3781 License #200104082

    Listing date Dec 29, 2025

    MLS# 220204938 Listing URL

    Copyright © 2026 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Merrill Ranch with Mountain Views

    This custom home is situated on 40 acres, offering views and space for animals, making it a great horse property. The residence features 5 bedrooms and 4 bathrooms, along with a 2-car garage and a 36 x 42 shop. Approximately 14.5 acres are dedicated to pasture, irrigated by a new irrigation well. The interior showcases wood and rock work with exposed beams. The kitchen is equipped with granite counters, a pass-through pantry, a breakfast bar, and a jenn aire range and oven. It opens to the dining area and living room, which includes a fireplace and provides access to a large second-story deck with views of the basin and Mt. Shasta. The primary suite offers a view of Mt. Shasta, a brick accent wall, a sliding door to the deck, and a sliding barn door to the bathroom. The main floor also includes two additional bathrooms and two more bedrooms, one of which is suitable for an office. Near the garage entrance, there is a dog/boot wash area, a bathroom, and a large laundry room. The downstairs area features a family room with a rock-surrounded fireplace with a propane fire starter, a wet bar, and deck access. Additionally, there is a full bath, two bedrooms, and a storage room. The heat pump is 1.5 years old. The property is located in Merrill, OR, with FR zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Merrill
    County
    Klamath
    State
    Oregon
    Longitude
    -121.559096
    Latitude
    42.048893

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    FAQs

    What type of property is this?
    Farm - Custom home on 40 acres, ideal for horses.
    Where is this farm located?
    The property is located at 18610 Taylor Rd Merrill, OR.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - 40-acre property ideal for horses, featuring **14.5 acres of irrigated pasture and a 36 x 42 shop.**; - Custom home with 5 bedrooms, 4 bathrooms, and a 2-car garage.; - **Panoramic views** of the basin and Mt. Shasta from the living areas and primary suite.
    (541) 891-7826
    Request Owner's contact information
    18610 Taylor Rd Merrill, OR 97633
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    Merrill, OR 97633
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18610 Taylor Rd Merrill, OR 97633
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    We can help!
    Listing Contact
    Jack L Rookstool
    Real Estate License ID: 200104082
    (541) 891-7826
    Learn more
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