If you’re looking for a prime investment property in Oregon, look no further than 1098 Rossanley Drive. This exceptional agricultural property boasts irrigation rights, highly productive soils, level topography, and easy access. Located in the beautiful and temperate Rogue Valley of southwestern Oregon, this farm sits on approximately 149 acres and includes three homes.
The property is just minutes away from all the conveniences of Medford, making it an ideal location for agribusinesses. Properties of this size and quality are rarely available this close to Jacksonville and Medford. The farm has Rogue River Irrigation District water for 125 acres and Medford Irrigation District water for 22 acres. Additionally, the seasonal Mingus Creek runs through the property’s western portion, and two wells serve the residences.
Historically leased for hay farming, this property has great potential for transitioning to other crops or permanent plantings like blueberries or grapes. The combination of productive soils and water make this an ideal location for farming operations seeking to produce an extremely high-quality product.
Two of the three homes are currently leased out to long-term tenants. The main house, built in 1910, is 1,776 Sq. Ft with 2 bedrooms and 1 bathroom. The second home, built in 1940, is 1,196 Sq. Ft with 1 bedroom and 1 bathroom. The third home is vacant but requires some TLC.
The location is exceptional, being just under 4 miles to Jacksonville, 4 miles to the Rogue Valley International Airport, and 2 miles to downtown Medford. At 1,350 feet above sea level, the climate is highly sought after with four distinct seasons, including a mild winter and a long growing season.
Southern Oregon is known for its stunning natural beauty, renowned rivers, developing wine industry, and niche agricultural opportunities, all with a rich small-town culture. With its efficient shape, amazing location, level topography, overall size, high-quality soils, and water rights, this offering is one of the most attractive agricultural properties in the region.
Properties such as this are rarely offered on the open market, and this property is ready for new owners to start or expand their agribusiness. If you’re interested in investing in Oregon’s agricultural industry, contact LandLeader in partnership with Martin Outdoor Property Group, a leading Southern Oregon Real Estate team for land, homes with acreage, vineyards, and waterfront property.
1098 Rossanley Drive, Medford, OR 97501