Courtesy of AgriBusiness Trading Group
This Washington State vineyard offering is comprised of 281.90 +/- deeded acres. The vineyard has been successfully operated by the current landowner for several decades. There are 201.70 +/- planted vineyard acres, per crop insurance records. The plantable acreage consists of Cabernet Sauvignon, Merlot, Syrah, and Chardonnay plantings in various stages of dormancy, creating flexibility for future agricultural uses and potential row crop development.In addition, there is a single-family residence and utility storage/tool shed located on the property and included in the sale of this asset. The residence is currently occupied by a vineyard foreman. The entire asset is located within a census tract identified for designation under the federal Opportunity Zone 2.0 program. The U.S. Department of the Treasury is expected to issue final certification by December 27, 2026, with designations expected to take effect January 1, 2027. Subject to final designation and applicable investment requirements, the property may offer an additional investment advantage through potential federal tax benefits associated with qualifying Opportunity Zone investments.
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