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    OFF-MARKET
    Commercial real estate

    71384 Highway 207, Echo, OR 97826

    1,440 SF 336 ac lot
    Property ID
    US71-0400281
    Property summary
    AI-generated overview

    Exceptional investment opportunity: 336+/- acres of productive farmland in Echo, Oregon, just 15 miles south of Hermiston and Interstate 84. This established hay farm boasts 329+/- irrigated acres with water rights dating back to 1883, utilizing both surface water from Buttercreek and groundwater. The irrigation system is highly efficient, featuring 90% wheel-line sprinklers and three creek pump stations. The property includes a 1,440 sq ft, 3-bedroom, 1-bathroom farmhouse built in 1949, updated several years ago, with a paved driveway and well-maintained yard. Supporting structures include a 30x40 garage, a 36x70 shop, both with poured concrete floors, a fuel system, and a 1980 double-wide mobile home used as a farm office. A fully permitted 60' working mechanical scale and scale house are also included. The farm is comprised of three separate tax lots (2N2700 TL 2100, 2N2700 TL 2000, 2N2700 TL 1902) and has historically produced grain and hay crops. Current crops include alfalfa and wheat. 2023 property taxes were $5760. This turnkey operation offers significant potential for continued profitability in the fertile Columbia Basin. 1.5 miles of Buttercreek frontage.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,440 SF
    Lot 336 ac (14,636,160 SF)
    UPID US71-0400281
    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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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
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