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Phoenix Commercial Development Land I-5

N Phoenix Rd & Grove Rd Phoenix, OR 97535

N Phoenix Rd & Grove Rd, Phoenix, OR, 97535
$940,869
For Sale
$940,869

2.69 acres of commercial land with excellent exposure off I-5.

Lot Size2.69 Acres
Days on Market176

Property Features for N Phoenix Rd & Grove Rd

General Information

Standard status
Active
Lot size
2.69 Acres
Property subtype
Land - Commercial
Listing agency Capacity Commercial Group
Listed by Nicholas Diamond · License #OR #200403266
Source Corfac
Added: Jan 26 Updated: Jul 6 at 9:22AM Checked: Jul 21 at 6:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group


Investment Insights

Based on property information with market context.

This commercial development parcel is located off I-5 in Phoenix, Oregon, just south of Medford. The available parcel is 2.69 acres. It is located immediately off Exit 24 on Interstate 5, approximately 4 miles south of downtown Medford, with a traffic volume of over 41,000 vehicles per day. The property benefits from a new diverging diamond interchange that supports new development and proposed construction. Nearby businesses include The Home Depot, La-Z-Boy, DSU Peterbilt & GMC, Shell, America’s Best Value Inn, U-Haul Neighborhood Dealer, Indigo Creek Outfitters, Dollar Tree, Holiday RV Park, Storage at Exit 24, Pear Tree Lane Self Storage, Rite Aid, Ray’s Food Place, USPS, and Phoenix Self Storage. The property is adjacent to the Medford Urban Growth Boundary (UGB) extension and directly off the new diamond interchange at N Phoenix & I-5. The Commercial Highway (CH) zoning allows for retail, restaurant, office, lodging/RV park, entertainment, and wholesale uses.

Key Highlights

  • Excellent I‑5 Exposure: Located directly off Exit 24, providing high visibility and accessibility.
  • High Traffic Volume: Benefits from 41,000+ vehicles per day (VPD).
  • New Diverging Diamond Interchange: Enhanced access and feeds significant new development.

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 2.69 acres of commercial land with excellent exposure off I-5.
Where is this commercial land located?
The property is located at N Phoenix Rd & Grove Rd Phoenix, OR.
What is the asking price?
The asking price for this property is $940,869.
What are key features of this property?
This property features: Excellent I‑5 Exposure: Located directly off Exit 24, providing high visibility and accessibility.; High Traffic Volume: Benefits from 41,000+ vehicles per day (VPD).; New Diverging Diamond Interchange: Enhanced access and feeds significant new development.
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