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    OFF-MARKET
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    22503 Redwood Hwy, Kerby, OR 97531

    170.39 ac lot
    Property ID
    Property summary
    AI-generated overview

    Sauer's Flat Farm and Ranch presents a unique opportunity to acquire 170.39 acres of diverse Oregon land, ideally situated along over a quarter-mile of the Illinois River. This property, a landmark in the Illinois Valley, boasts a rich history of farming, spanning over a century. The land includes approximately 70 acres of west pasture, historically used for hay and hemp cultivation, supported by irrigation rights dating back to 1887. Existing infrastructure offers versatile irrigation options, including flood irrigation, a canal system, and risers adaptable for aerial irrigation. The property is conveniently bisected by Redwood Highway, ensuring easy access for equipment and harvest transportation. The land's diverse terrain ranges from Class II loam soils along the river to timbered hillsides. Two homes nestled on the hillside offer stunning views of the pasture and surrounding mountains. Approximately 15 acres of flat, usable land surround the homes, providing ample space for additional irrigation or livestock. East of the homes, nearly 80 acres feature extensive trails for ATV or horseback riding, a small racetrack, fenced pasture, and electrical service. A rock quarry, previously leased, presents potential for additional income. Adjacent public lands provide access to over 3000 acres for recreation and hunting. The property is a haven for wildlife, including blacktail deer and wild turkey, and lies within prime hunting units. The Illinois River offers excellent fishing opportunities. Located in Southern Oregon, the property enjoys a mild climate and proximity to major attractions like Crater Lake National Park and the Rogue River, while also being centrally located between the Bay Area and the Pacific Northwest's major metropolitan areas. This property offers a blend of productive farmland, rural lifestyle, and small-town charm. The asking price is $1,690,000. The property is located at 22503 Redwood Highway, Kerby, Oregon, 97531.

    Property profile
    Verified
    Property type Land
    Lot 170.39 ac (7,422,188 SF)
    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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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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