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Listed by Sadaka Realty LLC
$ 550,000
Est. payment /mo
Active
36501 GILKEY RD Scio, OR 97374
19.8 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 485380173
HOA Y/N No
Annual Tax Amount $614
Tax Year 2024
Lot Size 19.800 Acres
Property Sub-Type Farm
Property Description
Nearly 20-acre irrigated hazelnut orchard with water rights—an exceptional asset in today's regulated agricultural market. Situated on premium Chehalis Silt Clay Loam soil, ideal for hazelnut production. Planted in 2019 with Wepster and McDonald varieties, now six years old and approaching peak production.This property offers unique versatility for the next owner: continue as a passive investment with an active multi-year lease and revenue-sharing provisions already in place, or transition to a hands-on operation. The current professional management ensures the orchard is expertly maintained while delivering a percentage of gross sales, though the lease structure allows for a future owner-operator to take over farming operations.Owner financing available for a qualified buyer with strong down payment. Do not disturb occupants. Do not walk the property without prior authorization.
Location
State OR
County Linn
Area _221
Zoning farm
Exterior
Utilities Available Well
Garage No
Building
Lot Description Corner Lot, Leased Land
Schools
Elementary Schools Other
Middle Schools Scio
High Schools Scio
Others
Acceptable Financing Contract, Conventional, FarmCreditService, OwnerWillCarry
Listing Terms Contract, Conventional, FarmCreditService, OwnerWillCarry

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