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    OFF-MARKET
    Land

    0 Grand Ronde Rd, Grand Ronde, OR 97347

    53.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 53.28 ac (2,320,877 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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