For Sale
$3,990,000

30416 Stellmacher DrAlbany, OR 97321

126-Acre Productive Hazelnut Farm

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 126-acre hazelnut orchard in Albany, Oregon, presents a compelling investment opportunity. The property features over 121 acres planted with Lewis and Clark varietal hazelnuts on highly productive river-bottom soil, benefiting from extensive water rights from the Willamette River (131 acres primary, 109 acres supplemental). A long-term lease (expiring 12/31/2060) guarantees a 5.25% base rent, supplemented by a share of crop proceeds and rental income from a 2,457 sq ft custom residence situated on the land. Approximately 24,000 sq ft of agricultural and support buildings are also included. An underlying, assumable debt instrument offers a fixed 4.38% interest rate. The property is professionally managed, offering a stable, appreciating asset with strong inflation-hedging potential in a growing market. The EFU zoning ensures continued agricultural use. This represents a unique opportunity to acquire a high-yielding, low-impact investment with significant long-term growth potential in a sustainable agricultural sector. The property is located at 30416 Stellmacher Dr SW, Albany, OR 97321, within Linn County. The asking price is $3,990,000.

Highlights

  • Professionally managed by a major Oregon orchard operator.
  • Long-term lease (expires 12/31/2060) provides a 5.25% base rent plus a share of crop proceeds and residential rental income.
  • Assumable debt at a 4.38% fixed interest rate.
  • Excellent diversification opportunity in a stable, appreciating asset class, offering inflation hedging.
  • 126-acre hazelnut orchard (121 acres planted) in Albany, OR, with extensive water rights. Includes ~24,000 sq ft of agricultural buildings and a 2,457 sq ft residence.
  • $3,990,000 asking price.

Property Details for 30416 Stellmacher Dr

Property type
Land, Farms
Lot Size (sq. ft)
5,488,560 SF

Location Insight

City
Albany
County
Linn
State
Oregon
Latitude
44.61027
Longitude
-123.176413
30416 Stellmacher Dr, Albany, Oregon

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30416 Stellmacher Dr
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