Coe Road Dry Land Farm - $530,000 - SOLD
This family owned dry land wheat farm lies approximately 5 miles Southeast of Milton Freewater, OR, in Northeast Umatilla County at the intersection of Coe Rd and Kinnear Rd. It is approximately a 10 minute drive South of the city of Milton Freewater, OR to reach this working wheat farm.
Per the Umatilla County Farm Service Agency, there are 356.0 +/- total acres of which 316.1 +/- are tillable farm ground. Currently, 205.8 acres of the tillable farm ground are being farmed per year with all 205.8 acres in wheat production each year. This leaves 110.3 acres of tillable ground that are currently enrolled in the CRP program with four separate contracts all ending between 2015 and 2017.
Annual precipitation on this farm averages in the 18”-22” range. Soils primarily consist of Waha Silty Clay Loam and Palouse Silt Loam. The farm has year around access via county gravel 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