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23175 NE Ridge Rd - Flamingo Ridge Farm

27.1 Acres of Agricultural Land Offered at $2,126,205 CAD in Gaston, OR 97119

Investment Highlights

  • 27 acres in the heart of Yamhill County wine county
  • Well maintained home in great condition perfect for an owner user & making this easily financeable
  • Business is well known for their high quality & sustainably grown Oregon Star tomatoes & romaine lettuce
  • Turn key tomato farm business with 40+ years of experience growing exceptionally high quality & sustainably grown produce
  • Greenhouses, all existing farm infrastructure, yurt equipment, machinery, vehicles, licensing, rare genetics & existing customer list included
  • Owner is retiring and is willing to stay on for agreed upon transitionary & mentorship period

Executive Summary

Prime investment property for owner-user looking for live/work opportunity. Continue existing business that has been running for 40+ years or utilize for other agricultural/commercial application. Owner is retiring, is willing to stay on for agreed upon transitionary & mentorship period and is ready to pass on the fruits of his labor & vast knowledge to the next generation who plan to foster this beautiful property. Owner will cooperate with anyone looking to facilitate a 1031 exchange. Currently operating as turn key tomato farm with residence on it. Selling business with the property. Business is Flamingo Ridge Organic Farm. Look up online for various publications & videos. Customers include Market of Choice, Zupans, Bon Appetit, many universities & other grocery stores and also sells at 2 farmers markets. Sale to include greenhouses, yurt, all infrastructure supporting farm, genetics, vehicles, equipment, machinery, licensing & existing customer list. Seller is open to mentorship during an agreed upon transitionary period for business. Business has been operating for past 40 years with strong customer base. 2 full time & 4 part time employees who would like to stay on with next owner. Opportunity to purchase with conventional loan & get the farming business with it. 2 tax lots for farm deferral purposes but can be financed & sold together.

Attachments

Flyer

Property Facts

Price $2,126,205 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 27.10 AC

1 Lot Available

Lot

Price $2,126,205 CAD
Price Per AC $78,458 CAD
Lot Size 27.10 AC

27 acres in a private, serene setting surrounded by lush rolling hills, mature trees & mountain views.

Description

Don't miss this opportunity of a lifetime to purchase 27 acres in the heart of Yamhill County wine county at the base of the Chehalem Mountain Range & turn key tomato farm business, Flamingo Ridge Farm, with 40+ years of experience growing exceptionally high quality & sustainably grown produce in the Willamette Valley. This opportunity includes a well maintained home in great condition perfect for an Owner User & making this easily financeable, yurt, over an acre of greenhouse production, all existing farm infrastructure, innovative water catchment system, equipment, machinery, vehicles, licensing, rare genetics & existing customer list. Owner has decades of experience & knowledge, great reputation in the agricultural & produce community & strong customer base going back 40+ years. Well known for his high quality & sustainably grown Oregon Star tomatoes & romaine lettuce! Owner is retiring, is willing to stay on for agreed upon transitionary & mentorship period and is ready to pass on the fruits of his labor & vast knowledge to the next generation who plan to foster this beautiful property. Employees have been with owner for a long time and would like to stay on with next owner. The business has a very niche market and distributes all throughout Oregon. Lots of versatile options & expansion opportunities with this property including renovating the existing home into your dream home and enjoying this beautiful serene & secluded setting with mountain views, other agricultural applications and other commercial uses. Potential to modify yurt for the purpose of utilizing as short term rental for additional income but buyer to do due diligence. Home includes central propane heating, newer plumbing & electrical, large deck, hot tub, main level laundry, electric fireplace insert & potential for converting basement into additional living space. Come check out this beautiful property & turn key farm while it's still available!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12961
  • 12943
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$398,373 CAD

zoning

Zoning Code EF-80 (2 tax lots for farm deferral purposes which can be financed & sold together. Zoning allows for 1 residence & exclusive farm use.)
EF-80 (2 tax lots for farm deferral purposes which can be financed & sold together. Zoning allows for 1 residence & exclusive farm use.)
  • Listing ID: 32380794

  • Date on Market: 2024-07-08

  • Last Updated:

  • Address: 23175 NE Ridge Rd, Gaston, OR 97119

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