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    OFF-MARKET
    Commercial real estate

    1491 Matheny Rd, Gervais, OR 97026

    211 ac lot
    Property ID
    US71-1107602
    Property summary
    AI-generated overview

    This exceptional 211-acre agricultural property in Gervais, Oregon, presents a rare investment opportunity. Located on the Willamette River, this land boasts stunning views and unparalleled access to water resources. The property includes a 2,191 square foot ranch-style farmhouse, multiple outbuildings, and a classic three-story barn (approximately 75 x 50 feet). A significant portion of the land (approximately 154 acres) is comprised of highly fertile, tilled soil ideal for various crops, including the existing 15-acre hazelnut orchard. The soil type is renowned for its productivity, benefiting from the rich deposits of the Missoula Floods. Two wells, historically producing 600 and 700 gallons per minute (buyer to verify), provide ample water resources, supplemented by existing surface water rights. The property's river frontage offers unique recreational opportunities, including fishing, boating, and camping. The property is zoned EFU and includes three tax lots. The sale includes half of all mineral rights. All offers are subject to trustee approval and buyer financial qualification. Early offers will be reviewed on January 15th, 2024, with a minimum two-week marketing period.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 211 ac (9,191,160 SF)
    UPID US71-1107602
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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