Phoenix & Grove Rd - N Phoenix Rd & Grove Rd 8.24 - 26.26 Acre Commercial Land Lots Offered at $2,350,000 - $13,730,000 Per Lot in Phoenix, OR 97535

INVESTMENT HIGHLIGHTS

  • Last substantial I-5 interchange development opportunity in the region
  • Adjacent to Home Depot
  • Seller will consider offers for all or part of the holding
  • Approved for 736 pm Peak Hour Trips (no further traffic studies required)
  • Proximity to California draws shoppers for no sales tax in Oregon

PROPERTY FACTS

Price $2,350,000 - $16,080,000
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
Total Lot Size 34.50 AC
Zoning Commercial Highway (C-H),

2 LOTS AVAILABLE

Lot 1

Price $13,730,000
Price Per AC $522,848.44
Lot Size 26.26 AC

Commercial Land: Commercial Highway (C-H) 30.73 Acres

Lot 2

Price $2,350,000
Price Per AC $285,194.17
Lot Size 8.24 AC

Residential Land: Low Density Residential (R-1) 5.89 Acres Rural Residential – 5 (RR-5) 2.35 Acres *located in the unincorporated County

DESCRIPTION

Cushman & Wakefield and Coldwell Banker Commercial are proud to present the last substantial I-5 development opportunity in the Medford region of Southern Oregon. The zoning allows for a mix of uses including commercial, some industrial, and residential.

  • Listing ID: 22381678

  • Date on Market: 3/3/2021

  • Last Updated:

  • Address: Phoenix & Grove Rd, Phoenix, OR 97535