26277 Plush Adel Rd, Plush, OR 97637
Exceptional opportunity to acquire a substantial agricultural property encompassing 1,284 deeded acres in Plush, Oregon. This expansive ranch boasts significant water resources, including irrigation water from Priday Reservoir (with a capacity of 2,500 acre-feet), three existing irrigation wells (plus one under development), and primary water rights for approximately 434.5 acres, along with supplemental rights. The property's irrigation infrastructure includes four pivots – three Zinmatic and one new Valley pivot (not yet installed) – supplemented by flood irrigation. Multiple water troughs and stock wells are strategically located throughout the land. The ranch currently supports 325 breeding pairs year-round, requiring supplemental hay feeding for only 45 days annually. The property's productive capacity is further demonstrated by its current yield of 400 tons of hay and grain. This established operation also benefits from three grazing permits on federal land and two state permits, adding approximately 5,000 acres of grazing area. The ranch qualifies for lop tags in the North Warner and Beatys Butte Units. Located in the Warner Valley at the base of Hart Mountain, this property offers a unique combination of scale, resources, and a favorable climate, making it an exceptional investment opportunity. The property includes 55,931,040 square feet and improvements dating back to 1975. The property is zoned EFU. The APN is 10688. Asking price is $3,200,000.
Cap rate
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