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    5961 Lookingglass Rd Roseburg, OR 97471

    Sponsored
    For Sale
    $2,599,000

    Prime Oregon Ranch Land: Ideal for Cattle or Horses

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 324.62-acre ranch in Douglas County, Oregon's desirable Lookingglass Valley presents a rare investment opportunity. Priced at $2,599,000, this property boasts level agricultural land perfect for grazing cattle or horses. The rich soil and peaceful setting create an idyllic environment. The ranch's history includes registration as a short-horn ranch, and the pasture is currently under a seasonal lease. Two ponds provide water resources, although one may be lower during summer months. The property includes a manufactured home suitable for renovation or replacement with a custom-built ranch home. Adding to the investment potential are two additional income-producing rental homes. Existing infrastructure includes a hay and equipment shed, and a feed barn equipped with metal racks. The property is comprised of eight tax lots (R21369, R21393, R122530, R21409, R21417, R21377, R21401, R21385, and M87861) and is zoned Farm Forest. The sale is structured for a 1031 exchange, and the property is held in trust. The current lease expires July 1, 2024. This is a unique opportunity to acquire a substantial and productive agricultural property in a highly sought-after location.

    Property Features for 5961 Lookingglass Rd

    General Information

    Property type
    Farms
    Lot Size
    14,140,447 SF

    HighLights

    • Level agricultural land ideal for grazing, featuring two ponds.
    • Eight tax parcels included: R21369, R21393, R122530, R21409, R21417, R21377, R21401, R21385, and M87861.
    • Currently under grazing lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Garden Center Pet Store Adult Day Care Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roseburg
    County
    Douglas
    State
    Oregon
    Longitude
    -123.4658696
    Latitude
    43.1870648

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    FAQs

    What type of property is this?
    Farm - Prime Oregon Ranch Land: Ideal for Cattle or Horses
    Where is this farm located?
    The property is located at 5961 Lookingglass Rd Roseburg, OR.
    What is the asking price?
    The asking price for this property is $2,599,000.
    What are key features of this property?
    This property features: Level agricultural land ideal for grazing, featuring two ponds.; Eight tax parcels included: R21369, R21393, R122530, R21409, R21417, R21377, R21401, R21385, and M87861.; Currently under grazing lease.
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    Roseburg, OR 97471
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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

    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.

    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
    5961 Lookingglass Rd Roseburg, OR 97471
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