Property summary
This exceptional 6,478.64-acre farm in Gilliam County, Oregon, presents a rare investment opportunity. Located near Ione, this highly versatile property boasts 2,996+ irrigated acres serviced by 39 Reinke pivots and eight wells, with approximately 1,500 acres optimized for high-water-use crops like seed potatoes, corn, and alfalfa. The property's history of successful seed potato production highlights its exceptional agricultural value, built on Ritzville silt loam soils. Careful soil management minimizes pests and diseases, creating a nearly disease-free environment ideal for seed production. The remaining acreage includes dryland crop areas, CRP-enrolled ground, and range land for grazing, offering diverse income streams. A well-maintained feed yard accommodates approximately 250 head of cattle, supporting rotational grazing practices and generating supplemental income. An ongoing irrigation infrastructure upgrade program includes state-of-the-art pivot panels, telemetry systems, upgraded pumps, and pivot replacements. The property benefits from extensive water rights (3,241.7 acres) secured through four certificates and an active permit, with a combined well output of approximately 15,200 GPM. A flexible lease on the potato acreage provides a steady income stream, complemented by on-site housing for H2A workers. An exceptional road system, maintained through a county agreement, ensures efficient access throughout the property. This turnkey operation offers significant potential for increased profitability and long-term value appreciation. The asking price is $17,500,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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from $99/month
Cap rate
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from $99/month
Property description
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