Property summary
This exceptional 139.43-acre Southern Oregon farm presents a unique opportunity. The property boasts 133.5 acres of Medford Irrigation District (MID) water rights, ensuring ample resources for agricultural pursuits. The land features primarily Class III soils, suitable for diverse farming or livestock operations. Infrastructure includes a fertigation storage tank, the option to connect to city water, and multiple three-phase power services. Five ponds, totaling approximately 3.5 acres, further enhance water availability. Irrigation is gravity-fed from the MID Canal, minimizing pumping costs. The elevated southern portion offers a potential homesite with stunning views of the farm, ponds, and surrounding valley, including Table Rocks (buyer to verify homesite approval). Conveniently located near Medford, the Rogue Valley International Airport, and Interstate 5, this property provides easy access to amenities while enjoying a rural setting. The area is renowned for its outdoor recreation, including hiking, fishing, and proximity to Crater Lake National Park. The property's utilitarian shape allows for efficient farming practices, maximizing production potential. The expansive acreage offers limitless possibilities for additional structures such as barns or stables. This combination of water rights, fertile land, prime location, and potential homesite makes this a highly desirable property. The asking price is $1,099,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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