Welcome to Madrone Ridge, a unique and intriguing opportunity in…
0 South Stage Road, Medford OR, 97530
Historically run as a pear orchard, the farm was converted to a successful hemp farm in 2019. Situated on 39.49 acres with 36.10 acres of water rights, this property’s shape allows for efficient farming. In addition, there are premium soils and level topography. 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 within this southwest area of Medford. This property offers someone a great scale for a farming operation seeking to produce an extremely high-quality product.
With around 38 tillable/farmable acres, combined with water rights from the Medford Irrigation District, the opportunities are endless for your future or expanding agribusiness. The current irrigation system for the hemp operation is delivered via an above-ground distribution system which also features nutrition injection (included with sale and buyer to do due diligence on condition). The majority of the property has Class III soils, with 65% being Evans Loam. Additional soils include 24% Class II Ruch gravelly silt loam and 11% Class IV Ruch silt loam. These premium soils are excellent for a wide variety of irrigated row crops. The convenient location and good traffic count make the property be well-suited for a tasting room with an on-site vineyard or niche farm for consumer sales. The topography is mostly level, allowing for easy harvesting and farm management.
The property is comprised of one tax lot zoned Exclusive Farm Use. While there is currently no homesite associated with the property, the property may qualify in the future by meeting the income requirements associated with the zoning (buyer to do their due diligence regarding any potential homesites). The current zoning allows for the construction of agricultural support buildings for equipment, product storage, farm office, and more. A farm manager’s dwelling may also be permissible (buyer to complete due diligence on all new potential land use changes). Access is directly off of South Stage Road, which is a paved, two-lane, county maintained roadway. There is also easy access to I-5 as well as the Rogue Valley International Airport.
Medford is centrally located on Interstate 5 in-between Grants Pass and Ashland, and is in a region is known for its beautiful rural estates, vineyards, and productive agricultural lands. The area is known as a developing wine region and niche agricultural community with a strong small-town culture. The climate is highly sought after with four distinct seasons including mild winters and long growing seasons. The area is also an outdoor recreational paradise, with access to thousands of acres of public lands, phenomenal hiking, great camping and RV’ing, horseback riding, and Crater Lake National Park. Southern Oregon is home to abundant water, including the world-renowned Rogue River which offers phenomenal fishing, white water rafting, and many other recreational opportunities. The Applegate and Illinois Rivers, in addition to over ten other lakes, provide southern Oregon residents ample options for enjoying live water adventures. Property is subject to an agricultural lease through November 1, 2020. The lease may be assumable with an acceptable offer.
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