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Garfield St - I5 Interchange Development 1.42 Acres of Commercial Land Offered at $1,732,000 in Medford, OR 97501

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Investment Highlights

  • Development Near I5
  • High Growth Area
  • Expansive Zoning

Executive Summary

Introducing Southgate Development in Medford, OR 97501! Priced at $28/SF, this 7.14-acre parcel offers an exceptional opportunity in the Southern Oregon market. The property is already entitled, de-risked, and ready for development, providing a defined framework for future projects. With a promising 2025 demographic outlook - including a median household income of $75,725 within a one-mile radius - this location offers robust investment potential. The site's proximity to major employers and Medford's commercial hub ensures sustained retail and service demand, attracting both strategic and financial buyers. Whether you're considering fee-simple sales, build-to-suit delivery, ground lease, or joint venture options, Southgate Development presents versatile transaction structures to suit your investment needs. Don't miss out on this institutional-quality opportunity with long-term relevance and significant upside potential.
Final subdivision pending recordation. Lot 4 immediately available. Additional lots may be available. Inquire for details.

Attachments

OM Southgate

Property Facts

Price $1,732,000
Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Bar
  • Convenience Store
  • Drugstore
  • Fast Food
  • Medical
  • Winery or Vineyard
Total Lot Size 1.42 AC
Zoning Regional Commericial - Provides land for the development of those service and commercial uses which serve shoppers from the surrounding region and from the local community.

1 Lot Available

Lot 4

Price $1,732,000
Price Per AC $1,219,718.31
Lot Size 1.42 AC

Description

Positioned at the front edge of one of the area’s fastest-growing commercial corridors, these premium development parcels deliver a rare opportunity to secure scale, visibility, and access in a location where demand consistently outpaces supply. With lot sizes ranging from approximately 1.07 to 2.05 acres and just a quarter-mile from the Interstate 5 interchange, the site offers immediate connectivity, strong daily traffic exposure, and effortless customer access—key fundamentals that drive tenant performance and long-term asset value. Zoned Regional Commercial and supported by full utility infrastructure, the property provides maximum flexibility for retail, office, medical, hospitality, or service uses. The level, shovel-ready topography minimizes development friction and accelerates time to market, while established surrounding businesses and nearby residential density create a built-in customer base from day one.

Property Taxes

Property Taxes

Parcel Number
10870075
Land Assessment
$1,959,950
Improvements Assessment
$0
Total Assessment
$1,959,950
  • Listing ID: 39293241

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: Garfield St, Medford, OR 97501

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