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    71384 Highway 207 Echo, OR 97826

    Sponsored
    For Sale
    $4,980,000

    336 Acres, Irrigated, Established

    Property size:
    1,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional investment opportunity: 336+/- acres of productive farmland in Echo, Oregon, just 15 miles south of Hermiston and Interstate 84. This established hay farm boasts 329+/- irrigated acres with water rights dating back to 1883, utilizing both surface water from Buttercreek and groundwater. The irrigation system is highly efficient, featuring 90% wheel-line sprinklers and three creek pump stations. The property includes a 1,440 sq ft, 3-bedroom, 1-bathroom farmhouse built in 1949, updated several years ago, with a paved driveway and well-maintained yard. Supporting structures include a 30x40 garage, a 36x70 shop, both with poured concrete floors, a fuel system, and a 1980 double-wide mobile home used as a farm office. A fully permitted 60' working mechanical scale and scale house are also included. The farm is comprised of three separate tax lots (2N2700 TL 2100, 2N2700 TL 2000, 2N2700 TL 1902) and has historically produced grain and hay crops. Current crops include alfalfa and wheat. 2023 property taxes were $5760. This turnkey operation offers significant potential for continued profitability in the fertile Columbia Basin. 1.5 miles of Buttercreek frontage.

    Property Features for 71384 Highway 207

    General Information

    Property type
    Farms
    Square Feet
    1,440 SF
    Lot Size
    14,636,160 SF

    HighLights

    • 336+/- acres of productive farmland in Echo, Oregon, 15 miles south of Hermiston and I‑84.
    • 329+/- irrigated acres with established water rights (1883), utilizing surface and groundwater.
    • Efficient irrigation system (90% wheel‑line sprinklers, three pump stations).
    • 1,440 sq ft farmhouse (3 bed, 1 bath, updated), 30x40 garage, 36x70 shop, and farm office (1980 double‑wide mobile home).
    • 60' working mechanical scale and scale house.
    • Three separate tax lots (2N2700 TL 2100, 2N2700 TL 2000, 2N2700 TL 1902); currently producing alfalfa and wheat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Echo
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.4313
    Latitude
    45.6251

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    FAQs

    What type of property is this?
    Farm - 336 Acres, Irrigated, Established
    Where is this farm located?
    The property is located at 71384 Highway 207 Echo, OR.
    What is the asking price?
    The asking price for this property is $4,980,000.
    What are key features of this property?
    This property features: 336+/- acres of productive farmland in Echo, Oregon, 15 miles south of Hermiston and I-84.; 329+/- irrigated acres with established water rights (1883), utilizing surface and groundwater.; Efficient irrigation system (90% wheel-line sprinklers, three pump stations).
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    Realmo Value Estimation

    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

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    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.

    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
    71384 Highway 207 Echo, OR 97826
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