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- LoopNet Team
Penninger and Beebe Rd
Central Point, OR 97502
TL 500 and 600 · Land For Sale
·
17.14 AC
INVESTMENT HIGHLIGHTS
- Easy access for both pedestrian & bicycle traffic
- This may be the last I-5 interchange property of its kind available in the region
PROPERTY FACTS
| Property Type | Land | Proposed Use | Hold For Development |
| Property Subtype | Commercial | Total Lot Size | 17.14 AC |
| Zoning | EFU | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 17.14 AC |
| Zoning | EFU |
DESCRIPTION
Located adjacent to the Exit 33 interchange (City of Central Point), with great visibility from I-5 & E Pine St, this 17-acre property is ideal for retail or hospitality development. The property is level & has access to all major utilities at, or near, the property line. Bear Creek Greenway borders the east property line & provides easy access for both pedestrian & bicycle traffic. The Expo borders the property on the west side & is home to numerous major events throughout the year. Rogue Valley International Airport is 1.8 miles. Traffic counts for I-5 north of exit 33 are in excess of 40,000/day & traffic counts for E Pine St between Penninger & Hamrick are over 28,000/day. Costco has recently moved their southern Oregon location to this Interchange & there has been an exponential rise in commercial activity in this area. Call for details on UGB, Annexation, Development, Zoning & other resources. This may be the last I-5 interchange property of its kind available in the region.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $70,890 |
PROPERTY TAXES
