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Agricultural Farmland with Water-Filled Mine
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8785 Blackwell Rd S, Central Point, OR 97502

Agricultural farmland with a water-filled mine and access via Nellis Rd off Tolo Rd.

Property SizeContact for details
Lot Size887.68 Acres
Days on Market412

Property Features for 8785 Blackwell Rd S

General Information

Standard status Active
Lot size 887.68 Acres
Property subtype LAND
Listing Agency: Oregon Opportunities Real Estate
Listed By: Colby Kielman · License #910400024
Source: Moodyscre
Added: Jun 27, 2025 Changed: Aug 8 Last Checked: Aug 11 at 9:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oregon Opportunities Real Estate

Investment Insights

Based on property information with market context.

Agricultural farmland featuring the vacated “Millionaire Mine,” which has been filled with water for many years. The property also includes mineral rights that are reserved. The listing is sold as-is.

The property is located on the south side of I-5, between I-5 and Old Stage Rd. Access is off Nellis Rd via Tolo Road. Jackson County Lawful Lot Determination, Type 2 Land Use Review has been submitted, and the Jackson County Assessor is still processing.

Farming and recreation uses are a key part of the property’s potential, with the water-filled mine serving as a notable existing feature. Mineral rights are reserved, and the property is offered in its current condition.

Key Highlights

  • Water‑filled “Millionaire Mine” that has been filled with water for many years
  • Mineral rights are reserved
  • Located on the south side of I‑5 between I‑5 and Old Stage Rd

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Building Supply Furniture & Home Goods Garden Center Wine and Liquor Store Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 97502, OR

29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural farmland with a water-filled mine and access via Nellis Rd off Tolo Rd.
Where is this agricultural land / farmland located?
The property is located at 8785 Blackwell Rd S Central Point, OR.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Water‑filled “Millionaire Mine” that has been filled with water for many years; Mineral rights are reserved; Located on the south side of I‑5 between I‑5 and Old Stage Rd
(541) 531-3086 Call to check price and availability
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