Property profile

3103 E Vilas Rd Medford, OR 97502

FOR SALE
Rural Residence
Property ID
US71-0946729
302.22 ac lot Built 1900
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The North Parcel of the Foothills Irrigated Farm comprises 302.22 acres, including approximately 287 acres associated with water rights sourced from the Medford Irrigation District and Rogue River Valley Irrigation District. The property is situated in an agricultural community with a climate characterized by four distinct seasons, mild winters, and a long growing season, and includes nearly 300 tillable/farmable acres with soils identified primarily as Class III. Water services from Medford City are provided to the shop and multiple fill stations located on-site. Three-phase electrical power is available at multiple locations. Farm headquarters include a 4,880-square-foot building with office space, an employee break room and dining hall, bathroom and shower facilities, a storage room, and approximately 3,200 square feet of shop and equipment storage. The site also includes additional outbuildings, including a barn and general-purpose buildings. The property is composed of two legal parcels (one tax lot) zoned Exclusive Farm Use, which allows the potential for one, and possibly two, homesites, and also permits agricultural support buildings such as structures for equipment, product storage, and farm offices. The farm is located along Interstate 5 between Grants Pass and Ashland, within a rural agricultural area.

Property profile

Verified
Property type Rural Residence
Year built 1900
Lot 302.22 ac (13,164,703 SF)
APN 1-0459797
UPID US71-0946729

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3103 E Vilas Rd Medford, OR 97502
Medford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message