29276 Marshall LnBurns, OR 97720

Property Details for 29276 Marshall Ln

Property type

Mixed-use properties

Property subtype

Land

Description

This exceptional 100-acre agricultural property in Burns, Oregon (Harney County, zip 97720), presents a unique investment opportunity. Priced at $1,349,000, it boasts a proven track record with a Pro-Forma NOI of $75,650. The land is zoned for agriculture and is ideally suited for commercial production, featuring secure water rights dating back to 1957. These rights encompass both ground and surface water, including a commercial well producing 800 gallons per minute via a newer 50-horsepower pump connected to a 2021-installed Valley pivot irrigation system. The 53-acre pivot system is currently planted in barley, while the remaining acreage is used as pasture. The property also includes a 10+ acre reservoir providing additional gravity-fed irrigation potential. Infrastructure is in excellent condition, with the potential to add another pivot system. The property is fully fenced with a new four-strand border fence and cross fencing, and includes livestock handling pens constructed of drill stem pipe. A high-fenced hay storage area protects hay from wildlife. The property features two homes: a four-bedroom, two-story stick-built home and a 1999 manufactured home with an attached garage. Numerous outbuildings provide ample storage, including a wood storage area, livestock shed, chicken coop, and root cellar. This property is a rare combination of abundant water, modern infrastructure, multiple homes, and proximity to town, making it an exceptional investment. The sale is structured for a 1031 exchange.

Location Insight

City

Burns

County

Harney

State

Oregon

Latitude

43.6278

Longitude

-119.096

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].