Golda Road Irrigated Farm

$1,250,000

Property Description

Situated near Hermiston, Oregon, this irrigated farm asset is comprised of 75.38 +/- deeded acres in Northeastern Oregon State. This irrigated region of the Columbia Basin is a significant agricultural production area due to its ideal growing season, well-drained soils, and ample water. There are 62.0 +/- tillable acres per the Seller. The farm is currently leased to a local farmer under a cash rent agreement through December 31, 2023. Under this lease, the landlord receives a set dollar amount per year for all of the tillable acres. The farm is currently planted to a 2023 crop of pumpkins. The primary source for irrigation is via a groundwater right sourced from a well located on the property. The water right certificate has a priority date of December 22, 1969, for 68.5 +/- irrigable acres and 3 acre-feet per acre. Water is pumped from the well to two pivots located on the property, which are also included in the sale of this asset. A farmstead, including a home and various utility buildings, is included with the sale. The Umatilla County Assessor reports that the 1,444-square-foot home was built in 1956 and has three bedrooms and two bathrooms. The house was recently remodeled and has a new HVAC system, countertops, appliances, and flooring. There is also an 864-square-foot shop that was constructed in 1996. The farmstead also has 1.46 +/- acres of fenced pasture with multiple lean-tos for livestock. The house is currently not occupied, but the Seller is actively seeking a tenant. Per the Umatilla County Department of Land Use Planning, the property is located in an Exclusive Farm Use Zone with a 40-acre minimum parcel size. The property is accessed via paved, county-maintained roads. The sale of this asset is subject to a Right of First Refusal with the current farm tenant. For more information and to request the full information package, please contact Braydon Rudolph: 541.379.8699 or [email protected] OR Adam C Woiblet: 509.520.6117 or [email protected]
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Property Information

Status

Under contract

Address

81450 N Golda Rd

City

Hermiston

Price

$1,250,000

Square Footage Range

1444

Beds

3

Baths

2

Acreage

75.38

County

Umatilla

School District

Buyer to verify

MLS Number

1123950

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Adam Woiblet