Property summary
This exceptional 53.28-acre timberland property in Yamhill County, Oregon, presents a compelling investment opportunity. Located on SW Grand Ronde Rd, near the Grand Ronde Indian Tribe's Spirit Mountain Resort and Casino, this easily accessible tract boasts a gentle slope and is zoned EF80 & AF80. A recent 2024 appraisal by Northwest Forestry Services values the harvestable Douglas Fir timber at over $320,000, with an estimated gross of $261,187. The remaining land value is assessed at $6,632 per acre. The property's strategic location offers convenient access, situated approximately 30 minutes from downtown Salem and 25 minutes from the Oregon coast's Pacific City. The asking price reflects both the significant timber value and the inherent potential of the bare land. The property's APN is 230271 203299 235686. This is a rare chance to acquire a well-situated, productive timberland asset in a desirable Oregon location. The timber is in varying stages of growth.
Property profile
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Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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