1504 Auction Catalog - page 15

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OR FAX FORM ON PAGE 115 TO 503-242-1814
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PUBLISHED RESERVE:
$292,500
LAST ASKING:
First Time Offered
SIZE:
97± Acres
ELEVATION:
500± Feet
DESCRIPTION:
This 97± acre tract is located at the foothills of the Coastal Range, 4± miles west of
Junction City, Oregon, along Cory Road, just west of Territorial Highway. 42± acres in the eastern section
of the property have been leased for Christmas trees. The Christmas trees that remain will be removed
prior to close of escrow, at expiration of the lease. The leasee is interested in a new lease. The remaining
55± acres contain the following: an estimated 393MBF of 37-year-old Douglas-fir, located in the northwest
section on 14± acres, well-stocked 9-year-old Douglas-fir reproduction on 34± acres, and well-stocked
17-year-old Douglas-fir reproduction on 5± acres. Please see Supplemental Information Package for detail
timber inventory, with type map.
The property is highly-productive timberland, with most of the land being Site I, providing a new owner
with opportunity to replant the 42± acres that had been leased with Douglas-fir so that the entire property
can be managed as a tree farm.
The Topography is gentle to rolling, east-facing. Adjoining uses include residences and farm along Cory
Road, with forest land to the north, south, and west. Several vineyards are nearby, including High Pass
Winery and Pfeiffer Vineyards.
Zoningmay allowa farm-related dwelling under certain conditions. Please see Supplemental Information
Package for details. On-site septic and well are required.
There is a small metal building on the property, near Cory Road, which can be used for storage.
LOCATION:
Section 32, Township 15 South, Range 5 West, Tax Lots 400 and 500
Cory Road Timber Tract near Junction City and Territorial Highway
Lane County, Oregon
ZONING:
EFU -- Exclusive Farm Use
PROPERTY INSPECTION:
At Any Time
FINANCING:
None – All Cash
Storage Building
Cory Road
Territorial Highway
To Junction City
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