1491 Matheny Rd Gervais, OR 97026
- Commercial real estate
- 211.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1491 Matheny Rd
- Lot size
- 211.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 211-acre agricultural property in Gervais, Oregon, presents a rare investment opportunity. Located on the Willamette River, this land boasts stunning views and unparalleled access to water resources. The property includes a 2,191 square foot ranch-style farmhouse, multiple outbuildings, and a classic three-story barn (approximately 75 x 50 feet). A significant portion of the land (approximately 154 acres) is comprised of highly fertile, tilled soil ideal for various crops, including the existing 15-acre hazelnut orchard. The soil type is renowned for its productivity, benefiting from the rich deposits of the Missoula Floods. Two wells, historically producing 600 and 700 gallons per minute (buyer to verify), provide ample water resources, supplemented by existing surface water rights. The property's river frontage offers unique recreational opportunities, including fishing, boating, and camping. The property is zoned EFU and includes three tax lots. The sale includes half of all mineral rights. All offers are subject to trustee approval and buyer financial qualification. Early offers will be reviewed on January 15th, 2024, with a minimum two-week marketing period.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gervais
- County
- Marion
- State
- Oregon
- Longitude
- -123.023796
- Latitude
- 45.092192