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    92499 Ward Creek Ln Myrtle Point, OR 97458
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    Property profile & analytics

    92499 Ward Creek Ln Myrtle Point, OR 97458


    • Land
    • 1,215.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 92499 Ward Creek Ln

    Lot size
    1,215.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 1,215-acre property in Coos County, Oregon, presents a unique investment opportunity. Located near Myrtle Point (zip code 97458) in the Coastal Mountain Range, this expansive ranch boasts a diverse income stream from timber, cattle grazing, and recreational hunting. The land features cultivated and natural Douglas fir stands of varying ages, ensuring a consistent timber harvest schedule with projected growth rates as high as 10% annually. Approximately 100 beef cows are wintered and calved on the ranch, requiring minimal supplemental feeding, thanks to improved pastures of ryegrass, clover, orchard grass, fescue, and sub-clover. The property's rich biodiversity supports a thriving wildlife population, including a resident herd of approximately 40 Roosevelt elk, as well as blacktail deer, black bear, cougar, and various bird species. Trophy-class elk and deer have been harvested on the property. Existing improvements include two dwellings (suitable for residences or rentals), a historic barn, storage sheds, equipment storage, dog kennels, and cattle working corrals. The ranch offers a blend of privacy and convenience, with easy access to town amenities and a short 46-minute drive to the coastal town of Bandon. This sustainable investment provides a diversified income stream, recreational opportunities, and a unique rural lifestyle. The asking price is $4,750,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Point
    County
    Coos
    State
    Oregon
    Longitude
    -124.224
    Latitude
    43.0345
    More about this property
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