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    OFF-MARKET
    Vineyards

    431 Buffalo Rd, Mesa, WA 99343

    Property ID
    US90-0733252
    Property summary
    AI-generated overview

    This organic, Washington State apple and cherry orchard offering is comprised of 119.50 m/l deeded acres across two tax parcels in the heart of the Columbia Basin – a region that accounts for approximately one-third of the total value of agricultural production in the state. There are 87.16 m/l planted cropland acres, which consist of 76.05 m/l acres currently planted to apples, 11.11 m/l acres planted to cherries, and 27.79 m/l acres of open, plantable acres that recently had apple trees removed. Washington’s organic apple growers produce more than 93% of the country’s organic apple output, according to the Washington Tree Fruit Association. Current apple varieties include Golden Delicious, Gala, Granny Smith, Pink Lady, and Fuji and the cherry variety is Chelan. The asset has been operated by the current landowner for several decades and the fruit is sold to various local packing sheds under year-to-year contracts. Irrigation water for the asset is delivered via surface water rights from the South Columbia Basin Irrigation District. There are 119.50 m/l acres shown as irrigable by SCBID with a total allotment of 492.65 acre-feet. The 2024 irrigation assessment is $11,115.57. The water allocations included in the sale are not subject to Reclamation Reform Act limitations. There is a single-family residence (SFR), a single-wide manufactured home, and numerous general-purpose agricultural buildings located on the property and included in the sale of this asset. The SFR is currently occupied by the orchard foreman and the manufactured home is currently vacant.

    Property profile
    Verified
    Property type Vineyards
    UPID US90-0733252
    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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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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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