22503 Redwood Hwy, Kerby, OR 97531
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.