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40 Acres Farm Land in Albany, Oregon

  • Address: Gateway Albany, Oregon 97321 
  • Closest city (area): Albany, OR 
  • Price: $285,000 
  • Lot Size: 40 acres 
  • Annual Property Tax: $441 for 2016/17 tax year. 

Location:

Township 10S, Range 4W, Section 11, Tax Lot 100, Linn County, Oregon. This property is beyond the end of Black Dog Rd. in the Dever-Conner area north of Albany OR. Access is over neighboring properties with no formal agreement. LAND: The land consists of 40.00 tax roll acres. The parcel is fairly level with a small swale through the middle of it. 

Land:

The online Linn County Area soil survey indicates that the soils on the subject property are a mixture of approximately 96% Class II Cloquato silt loam, McBee silty clay loam, and Newberg fine sandy loam (these soils are subject to occasional flooding) ; and 4% Class III Wapato silty clay loam (subject to frequent flooding). 

Improvements:

There are no improvements on this property. 

Irrigation:

An online review of the Oregon Water Resource Department’s records disclosed a water right certificate (No. 31485) for 30.2 acres of irrigation from a well (referenced as Chambers well No. 5) with a priority date of July 25, 1960. 

Remarks:

This is a nice parcel of farm land that is irrigated and mostly tillable. It is subject to some annual flooding and can become inaccessible for periods of time in high water years. The soils are suitable for a number of crops including Hazelnuts. This property is being sold to a lease that is effect until the last day of harvest 2018. This lease also give the tenant the last right of refusal.   

Disclosures:

Information is from sources deemed reliable but not guaranteed by the broker. Agri-Business Real Estate Services proudly represents the sellers of this property; buyers are urged to seek independent verification, through professional inspections and personal review, of the condition of the property and the facts contained herein. Property is subject to prior sale, price change, correction or withdrawal. 

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