Dallas, OR 97338 - Polk County

PUBLISHED RESERVE PRICE: $475,000

This 192 acre timber and recreation tract is located 12 miles southwest of Dallas, Oregon, in the foothills of Oregons coastal range, and is within a 40-minute drive of Salem. The Teal Creek Timber and Recreation Tract was originally part of the Camp Kilowan ownership which is now operated and owned by the LDS Church as a summer and year-round family camp.

The auction property contains one of the original cabins which could be re-used by a new owner, and a home that is in poor condition. Power and water are available to serve the cabin and other home site.

The property is a Douglas-fir site Class I and is well-stocked with primarily 9- to 18-year-old Douglas-fir reproduction on 117 acres, and with 71 acres to be harvest-ready within the next 20 years. There is an estimated 483 MBF of 35- to 75-year-old Douglas-fir which may provide near-term harvest income. 29 acres near the cabin were recently harvested and replanted with Douglas-fir.

It is projected that within twenty years, a total of 3,673 MBF will be available to harvest from the 71 acres of 18 year-old reprod. Please see Supplemental Information Package for growth projections.

The city of Falls City has a small reservoir located within the tract that is used for part of the city water supply. Teal Creek, tributary to the Little Luckiamute River, runs along the southwest and southeast sections of the property for 1/2 mile. A small waterfall along Teal Creek is on the adjoining property and can be viewed from the tract.

Teal Creek Road, which is a county road, provides access to the property. Adjoining owners to the north, west and south are Weyerhaeuser and the BLM. There is a private owner along the southwest corner who has an easement for access to his property.

The 192 acre property provides opportunity for ownership of a highly-productive tree farm, with both near-term cash flow and long-term growth, and the added benefit of potential development of a family retreat within a 40-minute drive of Salem.