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    OFF-MARKET
    Land

    0 Lapine Ave, Central Point, OR 97502

    26.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 26.12-acre irrigated farm in Central Point, Oregon, presents a unique investment opportunity. Located in the desirable West Medford area, this property boasts a level topography and efficient shape, ideal for diverse agricultural uses. The land comprises approximately 21 acres of Class II Central Point and Barron Coarse Sandy Loam soils and 5 acres of Class I Silty Clay Loam, ensuring fertile ground for various crops. Benefiting from water rights through the Medford Irrigation District (24.5 acres irrigated), this farm has a history of successful cultivation, including grass and row crops over the past two decades. Previously an orchard, its potential for diverse agricultural ventures is significant. Enjoy stunning views of Mount McLoughlin and Roxy Ann Peak. The property's Exclusive Farm Use zoning adds to its appeal. Conveniently located less than 4 miles from Central Point and Jacksonville, and under 5 miles from Medford, it offers easy access to Interstate 5 and the Rogue Valley International Airport. Southern Oregon's climate, with its mild winters and long growing season, further enhances the property's value. The supportive agricultural community of the Rogue Valley adds to the overall attractiveness of this exceptional offering. Asking price: $499,000. The property is zoned for Exclusive Farm Use.

    Property profile
    Verified
    Property type Land
    Lot 26.12 ac (1,137,787 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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