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    OFF-MARKET
    Commercial real estate

    19394 Cherry Hill Rd, Sheridan, OR 97378

    80 ac lot
    Individually Owned 2-yr Hold
    Property ID
    US71-1092112
    Property summary
    AI-generated overview

    This exceptional 80-acre property in Yamhill County, Oregon, presents a unique opportunity to acquire a thriving vineyard and winery estate. Located in the prestigious McMinnville AVA within the Willamette Valley AVA, this hilltop location boasts sweeping valley views. The established vineyard, planted between 2008 and 2012, encompasses over 11 acres of premium varietals including Pinot Noir (828,115,777,667, Pommard and Wadenswil clones), Chardonnay (76 and 95 clones), Pinot Gris, and Riesling, all on grafted rootstock. Significant expansion potential exists with approximately 50+ acres of ready-to-plant land and an additional 32+ acres recently cleared. The property includes a substantial 3760 square foot winery building with a current capacity of 4,500 cases and ample room for expansion, complemented by a 1750 square foot tasting room. The property is zoned EFU and offers a complete package for a discerning buyer seeking a turnkey operation in a highly desirable wine region. The asking price is $2,990,000. Located at 19394 Cherry Hill Rd, Sheridan, OR 97378.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 80 ac (3,484,800 SF)
    UPID US71-1092112
    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
    Current use
    Occupant on record · Public records
    • J Wrigley Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    John Gale Wrigley · 2 yrs held
    John Gale Wrigley
    since 2024
    3 recorded transactions
    2024
    2019
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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