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Property profile & analytics
OFF-MARKET
Commercial real estate

0 Vineyard Development Opportunity In The Mcminnville Ava Bellevue, OR 97128

160.52 ac lot
Property ID
US71-1105524
Property summary
AI-generated overview

Exceptional 160.52-acre commercial land parcel presents a prime vineyard development opportunity in the prestigious McMinnville AVA, Yamhill County, Oregon (zip code 97128). This end-of-the-road property boasts breathtaking valley and Mount Hood views from its upper elevations. A soil report indicates approximately 100 acres are suitable for planting, with potential for expansion into the southeastern corner (currently an oak grove, awaiting soil testing). The lower elevations feature a picturesque oak grove. A dilapidated home has been removed, allowing for the construction of a custom residence. Several existing outbuildings are on-site, along with power and a well. The property is adjacent to J. Wrigley Vineyards. The asking price is $1,950,000. Potential for subdivision exists; however, buyers are advised to independently verify the feasibility of any division plans. This unique property offers an unparalleled chance to establish a thriving vineyard in a highly sought-after wine region. Coordinates: 45.1400098, -123.2931541.

Property profile
Verified
Property type Commercial real estate
Lot 160.52 ac (6,992,251 SF)
UPID US71-1105524
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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