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    The Largest CRE Database in the US with Over 1 Million Listings

    7122 E Langell Valley Rd Bonanza, OR 97623

    Sponsored
    For Sale
    $865,000

    Ranch, Farm - Bonanza, OR

    Type:Farm
    Property size:
    1,944 SF
    Lot size:
    88.80 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 30 at 3:06 am

    Property Features for 7122 E Langell Valley Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    EFU-CG
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room
    Bedrooms
    3
    Bathrooms
    2
    APN
    69862
    Parking features
    Driveway, Garage, Gated, RV
    Interior features
    Breakfast Bar, Ceiling Fan(s), Double Vanity, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Smart Lock(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
    Appliances
    Dishwasher, Range, Washer
    Size
    1,944 SF
    Lot size
    88.80 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air, Heat Pump
    Water front features
    River Front
    Water front
    1

    Building Details

    Year built
    1970
    Floors in Building
    1
    Flooring type
    Laminate, Wood
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Shannan Alvis

    eXp Realty, LLC (541) 292-4444

    Listing agent Shannan Alvis (541) 292-4444 License #201245897

    Listing date Jan 29, 2026

    MLS# 220214424 Listing URL

    Copyright © 2026 Southern Oregon 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

    Irrigated Ranch with River Frontage

    This property features over 86 acres of irrigated land with river frontage, offering versatility and income potential. The land is suitable for raising cattle or leasing. Infrastructure includes a hay barn with a capacity of over 250 tons, a covered and lighted alleyway with a preg-checking box, a squeeze chute, an equipment barn, and multiple storage buildings. The property's location in the waterfowl flyway provides hunting opportunities. The remodeled 3-bedroom, 2-bath home features high-end finishes and rustic charm, with a new electrical system, plumbing, heat pump, furnace, roof, windows, and flooring. The open concept layout is designed for everyday living and entertaining. Horse stalls with paddock and pasture are available, along with pipe top rail and no-climb fencing. The property is zoned EFU-CG and is located in Bonanza, Oregon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Bonanza
    County
    Klamath
    State
    Oregon
    Longitude
    -121.316587
    Latitude
    42.160453

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    FAQs

    What type of property is this?
    Ranch - 86+ acres with river frontage, remodeled home, and farm infrastructure.
    Where is this ranch located?
    The property is located at 7122 E Langell Valley Rd Bonanza, OR.
    What is the asking price?
    The asking price for this property is $865,000.
    What are key features of this property?
    This property features: - 86+ Irrigated Acres with Both Sides of the River: Offering unmatched versatility and income potential.; - **Completely Remodeled 3 Bed, 2 Bath Home:** Featuring high-end finishes, new electrical, plumbing, HVAC, roof, windows, and flooring.; - **Fully Equipped Ranch:** Includes 250+ ton hay barn, covered alleyway with preg-checking box, squeeze chute, and equipment barn.
    (541) 292-4444
    Request Owner's contact information
    7122 E Langell Valley Rd Bonanza, OR 97623
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    Bonanza, OR 97623
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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
    7122 E Langell Valley Rd Bonanza, OR 97623
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    We can help!
    Listing Contact
    Shannan Alvis
    Real Estate License ID: 201245897
    (541) 292-4444
    Learn more
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