Dallas OR 97338 Ellendale Ave Dallas, OR 97338
This exceptional 69.42-acre property in Dallas, Oregon, presents a unique opportunity for agricultural investment. Located at 0 E Ellendale Ave, Dallas, OR 97338 (APN 159238), this expansive land parcel boasts approximately 54.52 acres of tillable dry land and 14.90 acres of ancillary wetlands. The land has a history of successful sharecropping, with recent ryegrass seed harvests. Currently zoned EFU, the property is not buildable at this time. The asking price is $549,000. It's important to note that there are no existing utilities, well, or known water rights on the property. Prospective buyers are strongly encouraged to conduct their own thorough due diligence to assess the suitability of the land for their intended agricultural purposes. This represents a significant opportunity for those seeking a substantial tract of Oregon farmland. The rolling terrain offers scenic beauty and potential for various agricultural ventures. Act quickly to secure this remarkable investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.