0 Canyon Rd Sheridan, OR 97378
This exceptional 80-acre property in Yamhill County, Oregon, presents a unique investment opportunity. Located just outside Sheridan (97378), on SW Canyon Rd, this agricultural and timber parcel boasts stunning views of the valley, mountains, and nearby vineyards. The land is zoned EFU and includes a nearly-new, spacious shop building with potential for a permitted apartment. Utilities are already in place, including well water, septic, and power. An RV parking pad and additional RV storage within the shop are also available. The property features a natural-fed pond and stream providing nearly year-round water access. A forest management plan is in place for the fully stocked timber, offering both immediate and future income potential from marketable timber and new growth. Adjacent to the J. Wrigley vineyard, there's potential for developing 10-15 acres for additional vineyard planting. Enjoy the peace and privacy of this secluded location, yet remain minutes from the conveniences of Sheridan. This property offers a blend of recreational enjoyment, agricultural potential, and timber investment, making it an ideal opportunity for a variety of uses. The latitude and longitude coordinates are 45.1154851, -123.39736. The asking price is $895,000.
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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