1052 Hanley Rd, Central Point, OR 97502, USA
Pending
$975,000
Property ID :
RH-11038-property
Located in the beautiful and temperate Rogue Valley of southwestern Oregon, this farm is situated on a total of 67.44 acres with three tax lots.
The phenomenal location is just minutes from all the conveniences of Medford. Properties of this size, combined with the soils and water rights, are rarely available this close to Jacksonville and Medford. This property offers someone great scale and features for a farming operation seeking to produce an extremely high-quality product.
The property has Medford Irrigation District water for 67.40 acres, with water being delivered from an on-site diversion point along Jackson Creek. The farm also benefits from 50.70 acres of water rights from a ground water sump (GR), which has a priority date of August 31, 1949. The sump is approximately 0.25 surface acres.
Historically leased for organic vegetable farming and recently leased for hemp, this property also has vast potential to be transitioned to other row crops or possible permanent plantings like Blueberries or Grapes with the combination of productive soils, and available water.
The property has high quality loam soils, with +/- 14 acres of Class I loam soils (21% of the property) and +/- 41 acres of Class II loam soils (+/-61% of the property). The remaining acreage, located at the northern portion of the property, has Class III and IV soils.
The northern tax lot, totaling +/- 11.31 acres, has 9 acres planned for a future solar farm lease – resulting in static income to being in 2022.
The location is exceptional being just under 3 miles to Jacksonville, 5 miles to the Rogue Valley International Airport, and 4 miles to downtown Medford. At 1,400 feet above sea level, the climate is highly sought after with four distinct seasons including a mild winter and a long growing season.
Southern Oregon is known for its stunning natural beauty, renowned rivers, developing wine industry, and niche agricultural opportunities, all with a rich small-town culture.
With a combination of efficient shape, amazing location, level topography, overall size, high quality soils, and water rights, this offering is one of the most attractive agricultural properties in the region. Properties such as this are rarely offered on the open market – and this property is ready for the new owners to start or expand their agribusiness!
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