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    Vast Agricultural Land Near Paisley Title is generated by Realmo AI

    Parcels 16772 565 16771 16935 8568 16316 8616 8565, Paisley, OR 97636

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    For Sale
    $2,997,000

    Vacant Land - Paisley, OR

    Lot size:
    689.00 Acres
    Added:
    Jul 22, 2025
    Days on Market:
    310
    Last Refresh:
    May 27 at 9:06 pm

    Property Features for Parcels 16772 565 16771 16935 8568 16316 8616 8565

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    689.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Timothy O'Neil

    Listing agent Timothy O'Neil

    Listing office Land and Wildlife 24524 Dobbs Road, Medford, OR

    Listing date Jul 22, 2025

    MLS# 11555984 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • +/- 689 acres of fertile farmland with 340 acres dedicated to premium alfalfa production, yielding 5‑7 tons per acre under pivot irrigation.
    • Proven geothermal energy potential with existing infrastructure and the possibility of revenue generation or cost savings.
    • Versatile acreage including 114 acres under flood irrigation and 324 acres of dry land, suitable for diverse crops and livestock grazing.
    • Two well‑constructed hay sheds provide ample, protected storage for harvested crops.
    • Abundant wildlife (deer, antelope, birds) creates recreational opportunities for hunting, birdwatching, and enjoying nature.
    • Conveniently located approximately 1 mile from Paisley School (K‑12) and near town amenities, veterinary services, and market access.

    Overview

    This expansive agricultural property encompasses approximately 689 acres of fertile farmland near Paisley, Oregon, presenting a versatile opportunity for modern farming, sustainability, and recreation. A significant portion, 340 acres, is dedicated to premium alfalfa, supported by state-of-the-art pivot irrigation systems yielding an average of 5-6 tons per acre. The remaining acreage includes 114 acres under flood irrigation, suitable for grains, vegetables, or specialty forage, and 150 acres of dry land, plus an adjoining 174 acres of additional dry land, offering opportunities for crop rotation, drought-resistant varieties, or livestock grazing. Two hay sheds provide ample storage for harvested crops. The property also holds untapped potential for geothermal energy exploration, with a local electric co-op operating a geothermal electric plant on the property. Wildlife abounds, with deer, antelope, and various bird species frequenting the area. The property is located approximately 1 mile from Paisley School, a public charter school serving kindergarten through 12th grade.
    Location Intelligence

    Current Use by Public Records

    Alt. Energy / Solar ...

    Map

    City
    Paisley
    County
    Lake
    State
    Oregon
    Longitude
    -120.55
    Latitude
    42.7013

    Nearby Similar for Sale

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    • $495,000
      3,524 SF

      Farmhouse on Expansive Acreage

      Two-story farmhouse on 4.59 acres with equestrian potential.
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    FAQs

    What type of property is this?
    Farm - 689 acres of versatile farmland with irrigation and geothermal potential.
    Where is this farm located?
    The property is located at Parcels 16772 565 16771 16935 8568 16316 8616 8565 Paisley, OR.
    What is the asking price?
    The asking price for this property is $2,997,000.
    What are key features of this property?
    This property features: +/- 689 acres of fertile farmland with **340 acres dedicated to premium alfalfa production**, yielding 5‑7 tons per acre under pivot irrigation.; **Proven geothermal energy potential** with existing infrastructure and the possibility of revenue generation or cost savings.; Versatile acreage including 114 acres under flood irrigation and 324 acres of dry land, suitable for diverse crops and livestock grazing.
    (866) 559-3478
    We can help!
    Listing Contact
    Timothy O'Neil
    Real Estate License ID: 200609263
    Learn More
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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
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    Parcels 16772,565,16771,16935,8568,16316,8616,8565, Paisley, OR 97636
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