Highway 11 Dry Land Farm - $699,000 - SOLD
This family owned dry land wheat farm lies just South of Milton Freewater, OR, in Northeast Umatilla County at the intersection of Highway 11 and Steen Rd. This working wheat farm is directly adjacent to the City of Milton Freewater and is also bordered by Hwy 11 along its entire East side. These attributes may add future value for development opportunities in addition to farming.
Per the Umatilla County Farm Service Agency, there are 345.1 +/- total acres of which 337.8 +/- are tillable farm ground. Currently, the farm is in a summer fallow/wheat rotation, so approximately half of it is in production each year. This is a premium summer fallow farm with very high yields and gentle to no slopes on the property.
Annual precipitation on this farm averages in the 14”-16” range. Soils primarily consist of Walla Walla Silt Loam. The farm has year around access via Highway 11 and paved county roads. There are no structures included with this sale.
This is a rare chance to purchase a working wheat farm in Umatilla County. With a lease on the property already in place with a well respected, local farmer, this is a prime opportunity to acquire a turn key investment with a good capitalization rate.
For more information, please contact Adam C Woiblet: 509-520-6117 or email@example.com