0 Reese Creek Rd, Eagle Point, OR 97524
Exceptional 110.6-acre farm and industrial property in Eagle Point, Oregon, is available for $899,999. This picturesque property boasts nearly 106 acres of irrigation water rights from the Eagle Point Irrigation District, ensuring a reliable water supply for agricultural pursuits. Historically used for hay production and cattle grazing, the land comprises approximately 62 acres of Class IV Padigan clay, 42 acres of Class IV Agate-Winlo complex, and 5 acres of Class VI gravelly clay loam soils, offering versatility in agricultural applications. Its efficient shape maximizes farming productivity and resource utilization. Hog Creek bisects the property, further enhancing its water resources. The property offers breathtaking panoramic views of Southern Oregon's countryside, including Mt. McLoughlin. While a potential homesite exists, buyers are responsible for due diligence regarding approval processes. Conveniently located near Eagle Point, offering easy access to schools, amenities, shopping, banking, and dining. A short distance to Medford, Rogue Valley International Airport, and Interstate 5 provides excellent connectivity. Southern Oregon's climate features four distinct seasons, mild winters, and an extended growing season, ideal for outdoor recreation. Nearby public lands, Crater Lake National Park, and the Rogue River offer abundant recreational opportunities. This property presents a remarkable opportunity for farming or ranching in a desirable Southern Oregon setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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