Property profile

0 Lapine Ave Central Point, OR 97502

OFF-MARKET
Land
26.12 ac lot
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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

Location

Lapine Ave Central Point, OR 97502
Central Point metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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