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Property profile & analytics
OFF-MARKET
Land

22503 Redwood Hwy Kerby, OR 97531

170.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 170.39-acre property boasts over a quarter-mile of Illinois River frontage in Josephine County, Oregon. The land, situated along Redwood Highway (providing convenient access), includes two existing homes and an aggregate quarry, all spread across four separate parcels. Approximately 70 acres comprise a west pasture historically used for hay, hemp, and other crops. The property benefits from established irrigation rights dating back to 1887, with existing infrastructure supporting various irrigation methods including flood irrigation, a distribution canal, and risers adaptable for aerial irrigation. This iconic location, a familiar sight to locals and travelers alike, presents a unique opportunity for agricultural pursuits, development, or a combination thereof. The property's rich history and diverse features make it a truly remarkable offering. The zip code is 97531, and the city is Kerby.

Property profile
Verified
Property type Land
Lot 170.39 ac (7,422,188 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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