20453 Or-245 Hereford, OR 97837
This exceptional 5,078-acre Oregon ranch in Baker County, near Hereford (zip code 97837, located at 20453 OR-245), presents a unique investment opportunity. The property boasts a diverse landscape, combining over 400 acres of irrigated pastures and alfalfa fields with timbered hills featuring cedar, pinon, and juniper trees, extending towards the Blue Mountains. Approximately 80 acres of alfalfa are cultivated under a center pivot irrigation system, and an additional 70 acres are irrigated using two wheel lines. Dependable water is sourced from the Unity Reservoir. The ranch's infrastructure includes a newer manufactured home, a ranch hand house, a shop, a calving barn, and functional corrals equipped with a hydraulic chute. The mix of habitats provides excellent hunting for elk and deer. The contiguous nature of the ranch allows for direct access to spring and summer pastures. The property's self-sufficiency is highlighted by its capacity to produce enough hay to sustain cattle throughout the winter. Its proximity to national forest land opens up extensive recreational possibilities. The asking price for this remarkable property is $4,800,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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