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Sale By Sealed Bid - Commercial Vineyard

Ad#  26864
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Address: Sale By Sealed Bid - Commercial Vineyard
Selma, Oregon 97538
County: Josephine
Property Features
Short description: Ability to expand the harvested grape production from 50 current cultivated acres; to 62 acres, with irrigation in place already to add the additional 12 acres of grapes for production.
Current zoning: EFU - Exclusive Farm Use
Acreage or lot size: 70 Acres
Utilities available: Electric, Telephone
 
Description: The purchase price is only an indication of value. There is no required minimum bid. Owner, however, reserves the right to reject any and all offers that are unreasonable and not in good in faith. For a complete bid package, contact Larry Levens at larrylevens@johnlscott.com. Deadline for submission is October 20, 2005. Deer Creek Vineyards is a 70 acre property with 40 cultivated acres which will produce in excess of 8,000 cases during calendar year 2005. The variety and quantity of grapes are Pinot Noir (20 acres), Pinot Gris (12 acres) and Chardonnay (8 acres). The anticipated 2005 yield in tons will equal approximately 120 tons which represents a 40% increase over last year’s harvest. The balance of acreage is committed to approximately 5,000 square feet of added improvements, including, residence, barns, wine storage and tasting room. Property also includes grazing pastures and hay production. Superior water rights provide abundant access to both primary and secondary water resources. The recently completed “Wine Tasting” / “Gift Shop” facility will begin sale of the current wine inventory which has a retail value in excess of $147,000. All equipment necessary to the operation of the vineyard is included. We invite you to call the broker to arrange for a personal tour of the property together with the sampling of the variety of fine wines currently being produced. For more details visit www.deercreekvineyards.com.
 
Directions: Starting at Grants Pass, Oregon take Highway 99 to City of Selma, Oregon. Turn left at Selma Food Market onto Deer Creek Road, Vineyard is approximately 3 miles on the left hand side of the road. 70 acres is divided equally by Deer Creek Road.

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Financial Information
Available for: Sale
Asking price: $ 2,495,000.00
Property taxes: $1,295.00
Availability date: Now
Contact Information

The above information has been obtained from sources believed to be reliable.  While we do not doubt its accuracy we have not verified it and make no guarantee, warranty, or representation as to it's accuracy.  It is your responsibility to independently confirm it's accuracy and completeness.  Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property.  The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors.  You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.  ThisProperty®