8785 Blackwell Rd S, Central Point, OR 97502
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.