This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1491 Matheny Rd NE - Historic Willamette Valley River Front Farm

211.45 Acres of Agricultural Land Offered at $3,149,000 in Gervais, OR 97026

Investment Highlights

  • Willamette River Frontage
  • Beautiful Land with excellent Farm soils
  • 126 plus Acres Of Water Rights

Executive Summary

Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 2,191 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+ acres of beautifully tilled soil for any crop you can imagine. Hops farms, filberts, and row crops in the area are flourishing! Awesome Chehalem, Newberg, and McBee soils deposited by the Missoula Floods make this one of the most productive agricultural areas in the world. Water Rights, you ask? YES- 2 wells known to produce 600 & 700 GPM (buyer to verify) have historical water rights, and other surface rights have been granted as well. This is a real big-time farm property! Agrotourism and Agritainment options abound as well, and the Wheatland Ferry and Willamette Mission State Park are just a couple of parcels away. To top this all off, the incomparable Willamette River fronts the farm with a unique peninsula and inland waterway that offers fishing, camping, boating, and unlimited private recreation. There is too much to list here- so please call the Broker for a marketing packet on this one-of-a-kind offering! All offers are subject to the approval of the Trustee and the financial qualifications of the buyer. 1/2 of all minerals rights will be reatined by the seller. Any early offers will be reviewed on January 15th, 2024- The property will be marketed for a minimum of 2 weeks.

Financial Summary (Actual - 2023)

Annual Annual Per AC
Gross Rental Income $80,000 $378.34
Other Income - -
Vacancy Loss - -
Effective Gross Income $80,000 $378.34
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $80,000
Annual Per AC $378.34
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $80,000
Annual Per AC $378.34
Net Operating Income
Annual -
Annual Per AC -

Property Facts

Price $3,149,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 211.45 AC

1 Lot Available

Lot 3

Price $3,149,000
Price Per AC $14,892
Lot Size 211.45 AC

3 Tax Lots form this 211+ Acres which is a high income working Farm on the Willamette River in Gervais, Oregon

zoning

Zoning Code EFU (EFU is an agricultural land zone that encourages farming and allows various uses. Development and subdivision are generally not allowed.)
EFU (EFU is an agricultural land zone that encourages farming and allows various uses. Development and subdivision are generally not allowed.)
  • Listing ID: 30499332

  • Date on Market: 1/2/2024

  • Last Updated:

  • Address: 1491 Matheny Rd NE, Gervais, OR 97026

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}