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3775 Grove Rd - Lot 2 2.35 Acres of Commercial Land Offered at $1,300,000 in Phoenix, OR 97535
Investment Highlights
- Last substantial I-5 interchange development opportunity in the region
- Adjacent to Home Depot
- Approved for 736 pm Peak Hour Trips (no further traffic studies required)
- Proximity to California draws shoppers for no sales tax in Oregon
Executive Summary
Lot 2 consists of approximately 2.35 acres zoned Commercial Highway (C-H) and is located near the Fern Valley Road interchange along Interstate 5 in Phoenix, Oregon. The parcel is positioned within a high-traffic corridor serving the Rogue Valley and regional travel between Oregon and California. The brochure indicates traffic counts of approximately 41,600 vehicles per day in the surrounding area. Utilities including water, wastewater, electric, and gas are available in the street. Nearby uses include national retailers and other commercial development associated with the Interstate 5 interchange. Phoenix’s proximity to Medford places the site within Southern Oregon’s primary commercial market. All potential development, density, and permitted uses are subject to zoning regulations and buyer confirmation with applicable governing agencies.
Property Facts
| Price | $1,300,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.35 AC |
| Zoning | C-H - Commercial Highway | ||
| Price | $1,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.35 AC |
| Zoning | C-H - Commercial Highway |
1 Lot Available
Lot 2
| Price | $1,300,000 | Lot Size | 2.35 AC |
| Price Per AC | $553,191.49 |
| Price | $1,300,000 |
| Price Per AC | $553,191.49 |
| Lot Size | 2.35 AC |
Prime commercial parcel positioned near the I-5 on/off ramps with strong traffic exposure.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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