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    FOR SALE
    Commercial real estate

    8785 Blackwell Rd S, Central Point, OR 97502

    887.68 ac lot
    Property ID
    US71-0366455
    8785 Blackwell Rd S, Central Point, OR 97502 For Sale
    $2,300,000
    8785 Blackwell Rd S, Central Point, OR 97502
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    Property summary
    AI-generated overview

    This exceptional 887.68-acre agricultural property in Jackson County, Oregon, presents a unique investment opportunity. Located near Central Point (zip code 97502) at 8785 Blackwell Rd, this expansive land parcel is zoned EFU and offers a diverse range of possibilities. Currently utilized for grazing and pasture, the property includes one established homesite accessible from Blackwell Road. Across Interstate 5, additional parcels provide further potential for development, including additional homesites. The land's versatility extends to potential uses such as vineyards or equestrian facilities. A notable feature is the presence of the Millionaire Mine, a historically significant site currently filled with water. The property boasts multiple access points. Prospective buyers are encouraged to conduct their own due diligence regarding water rights. Detailed historical information about this property is available upon request. The asking price is $2,300,000, translating to approximately $3,661 per acre. This represents a compelling investment in Southern Oregon's rich agricultural landscape with significant development potential. The property includes timberland suitable for timber harvesting, adding further value to this expansive holding.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 887.68 ac (38,667,341 SF)
    UPID US71-0366455
    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
    by Request
    CAP Approach CAP
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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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