66 Acres in Cornelius, OR - $595,000
Duck Hunting and Irrigated Farmland
This property is being offered in a Sealed Bid Auction with bids due May 19, 2021. Contact listing broker for Supplemental Information Package with Bid Documents. The property is being offered in its entirety of 66 acres, or in two parcels of 30 acres and 36 acres. Individual parcels sales are subject to both parcels selling at, or above, the bulk reserve price of $595,000.
SIZE: 66 acres
ZONING: EFU
SELLER OFFERING SHORT-TERM FINANCING FOR A BULK SALE
This 66 acre property, developed as a duck club and farm, is located near Hillsboro, along NW Roy Road. It is bordered on the west by E. Fork Dairy Creek, tributary to Tualatin River. It is within a forty minute drive of Portland, and fifteen minutes from the Sunset Corridor, home to Intel, Nike, and other companies. The property is available it its entirety, or in two parcels of 30 acres (north of NW Roy Road) and 36 acres (sout...
This 66 acre property, developed as a duck club and farm, is located near Hillsboro, along NW Roy Road. It is bordered on the west by E. Fork Dairy Creek, tributary to Tualatin River. It is within a forty minute drive of Portland, and fifteen minutes from the Sunset Corridor, home to Intel, Nike, and other companies. The property is available it its entirety, or in two parcels of 30 acres (north of NW Roy Road) and 36 acres (south of NW Roy Road). The property has strategic location within the Pacific Flyway, between Sauvie Island Wildlife Management Area, Ridgefield, and Lower Columbia River National Wildlife Refuges to the north, and Wapato and Tualatin National Wildlife Refuges, and Jackson Bottom Wetland Preserve, to the south.
Seller has spent the last ten years enhancing habitat for waterfowl and other wildlife along 1.4 miles of E. Fork Dairy Creek by re-establishing wetlands and native waterfowl food plants including Wapato, Wild Millett, and varieties of Smartweed. A total of eight duck ponds can be used, with some ponds pumped from E. Fork Dairy Creek. The balance of the property is high value farmland with irrigation priority rights, some dating back to 1930.
There is a 2,925 square foot barn with cement floor on Auction Property #137 that can be used as clubhouse, workshop, storage, or rented out. Currently, half the barn is rented on a month to month basis for $450 a month, and the lessee would like to continue renting.
There is annual income from a government tree planting program along E. Fork Dairy Creek, hunting fees, farm lease, and rental of half of barn, totaling $25,000. Please see Supplemental Information Package for detail.
Both parcels have been used by five hunters for total income of $8,000 per year.
Soils on both parcels are mostly Chehalis, and Verboort Silty Clay Loam that will grow high value crops including corn, wheat, oats, peas, and grass seed.
Seller will use sale proceeds to enhance a wildlife area near Jackson Bottom Wetland Preserve, along Tongue Lane, for a future gift to Oregon Wildlife Foundation.
Auction Property 121
Published Reserve: $325,000
The north parcel contains the 2,965 square foot barn and has 3,600 feet of E. Fork Dairy Creek frontage along the western boundary. There is a portable pump included in the sale used to provide water from E. Fork Dairy Creek to the largest pond on the property, and to irrigate farmland. There are inlet pipes from the creek which serve three other ponds in the fall and winter. A Certificate of Water Rights provides irrigation for the entire parcel under Permit 16725, with priority date of 1945. A copy of the certificate is included in the Supplemental Information Package.
Auction Property 122
Published Reserve: $270,000
The south parcel has no improvements. It has 3,900 feet of E. Fork Dairy Creek along the western and southern boundaries. There is an electric outlet for a portable pump in the northwest section, with three inlet pipes along E. Fork Dairy Creek which serve a total of four ponds. There are water rights for 20 acres, with a priority date of 1930.
