5961 Lookingglass Rd Roseburg, OR 97471
- Commercial real estate
- 324.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5961 Lookingglass Rd
- Lot size
- 324.62 lot acres
- Property type
- Commercial real estate
Description
This exceptional 324.62-acre ranch in Douglas County, Oregon's desirable Lookingglass Valley presents a rare investment opportunity. Priced at $2,599,000, this property boasts level agricultural land perfect for grazing cattle or horses. The rich soil and peaceful setting create an idyllic environment. The ranch's history includes registration as a short-horn ranch, and the pasture is currently under a seasonal lease. Two ponds provide water resources, although one may be lower during summer months. The property includes a manufactured home suitable for renovation or replacement with a custom-built ranch home. Adding to the investment potential are two additional income-producing rental homes. Existing infrastructure includes a hay and equipment shed, and a feed barn equipped with metal racks. The property is comprised of eight tax lots (R21369, R21393, R122530, R21409, R21417, R21377, R21401, R21385, and M87861) and is zoned Farm Forest. The sale is structured for a 1031 exchange, and the property is held in trust. The current lease expires July 1, 2024. This is a unique opportunity to acquire a substantial and productive agricultural property in a highly sought-after location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roseburg
- County
- Douglas
- State
- Oregon
- Longitude
- -123.4658696
- Latitude
- 43.1870648
