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Property profile & analytics
OFF-MARKET
Land

0 Ash Is Newberg, OR 97132

Property ID
Property summary
AI-generated overview

This exceptional 60-acre island property on the Willamette River presents a rare investment opportunity. Located just 30 minutes from downtown Portland and the Portland International Airport, this idyllic setting offers unparalleled recreational and agricultural potential. The island boasts established hazelnut orchards generating significant income, with irrigation rights from the Willamette River ensuring high yields. Additional acreage is suitable for orchard expansion or forage planting. The fertile soil and irrigation system are ideal for cultivating various crops, including grains and corn. Recreational opportunities abound, including waterfowl hunting (with a pond for flooding), bass fishing in a side channel, and salmon/steelhead fishing in the main channel. The abundant hazelnut trees also attract large deer. A custom hunting cabin could be built, enhancing the property's appeal. Convenient access is provided by a private barge system and easements from both riverbanks, with a public boat launch nearby in Newberg. This once-in-a-generation opportunity combines lucrative agricultural income with exceptional recreational amenities in a stunning riverfront location. The property's unique features, including its size, location, and established income stream, make it a truly exceptional investment.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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