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    OFF-MARKET
    Land

    Pisgah Mt, Fort Meade, OR 33841

    60.24 ac lot
    Property ID
    No photo on file
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    Property summary
    AI-generated overview

    This exceptional 60.24-acre property presents a unique opportunity in the proposed Mount Pisgah, Polk County, Oregon AVA. The estate boasts over 20 acres of established vineyard, with an additional 2.71 acres currently under development, bringing the total planted acreage to 23.02 acres. The vineyard's current plantings primarily consist of Pinot Noir (Pommard clone on 101-14 rootstock), with recent expansion incorporating Pinot Noir 667 and 943 (on 3309 rootstock) and Chardonnay clones 72 & 112 (also on 3309 rootstock). The property includes a charming day ranch home nestled amongst the trees overlooking the vineyard, providing comfortable living quarters. Two additional outbuildings offer ample storage space. A newly constructed irrigation reservoir and a pending water rights application ensure reliable water resources for the vineyard's continued success. A two-bay, uninsulated metal pole barn (on a slab with power) situated near vineyard blocks A and B provides convenient equipment storage, complemented by a 1,500-gallon water storage tank. This turnkey operation, located in the picturesque rolling hills of Oregon, offers a compelling blend of established production and expansion potential, making it an ideal investment for discerning buyers. The property is located in Mount Pisgah, Fort Meade, Polk County, Oregon, 33841. Asking price is $1,850,000.

    Property profile
    Verified
    Property type Land
    Lot 60.24 ac (2,624,054 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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