106.34 Acres in Redmond, OR - $1,250,000
O’Neil Gravel Quarry
Income potential through permitted rock quarry in a favorable location. Property has the potential to be buildable for a residence through several avenues & would be a beautiful place to build a home.
Huge Cascade Mountain & Smith Rock views adjoining irrigated farm ground. Gently sloped ground on top next to rimrock looking down into a seasonal creek & irrigation canal. Deer, coyotes and birds of prey along with occasional upland birds.
Land
Land is located mainly above the rimrock but has a substantial amount of ground in the bottom of Dry River canyon. On top, the ground is gently sloping with views of the Cascade Mountains, Smith Rocks & the surrounding irrigated farm ground. There is a large level area in the bottom for parking equipment. Dry River is seasonal & there is an irrigation ditch which runs along the bottom.
There is income potential from the sale of rock out of the quarry...
There is income potential from the sale of rock out of the quarry. Includes 106.34 +/- acres close to O’Neil Highway for easy access. Rock was being sold to a national company with nearby operations until recently when a new owner took possession of the land. Recent Boundary Line Adjustment increased acreage from 78.86 to 106.34 so taxes will be different for 2022.
Water/Mineral Rights & Natural Resources
Permitted quarry in a favorable location. Includes 106.34 +/- acres close to O’Neil Highway for easy access. Rock was being sold to a national company with nearby operations until recently when a new owner took possession of the land. There is no geological report available.
Location
Central Oregon is one of the fastest growing areas in the nation. The need for building materials including rock & gravel is at an all time high.
Central Oregon is known for mild winters and outdoor recreation. 15 minutes to Prineville or Redmond with great dining & shopping choices. With a one-hour drive time you could be snow skiing, water skiing, fly fishing the world renown Deschutes River or fishing one of the many lakes in the area. There are many biking options, OHV areas and hiking opportunities galore.
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