Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Acreage on South Pacific Highway Title is generated by Realmo AI

    2210 S Pacific Hwy, Talent, OR 97540

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-visibility commercial land with highway frontage and development potential.

    Type:Land
    Added:
    Oct 7, 2024
    Days on Market:
    582
    Last Refresh:
    Mar 16 at 1:05 pm

    Property Features for 2210 S Pacific Hwy

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Graham Thomas
    Graham Thomas

    Listing agent Graham Thomas License #980600033

    Listing office Catherine Rowe Real Estate Team

    Listing date Oct 7, 2024

    Source Crexi

    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 Catherine Rowe Real Estate Team

    HighLights

    • High‑visibility commercial acreage with ODOT‑approved access and over 450 feet of highway frontage.
    • General Commercial (GC) zoning allows for a wide range of business uses (food/beverage, retail, medical, etc.) and accessory residential use.
    • Cleared and level building areas ready for development.
    • Irrigation rights through TID.
    • Public sewer, electric, and cable available.
    • Seller‑carried financing available.

    Overview

    This commercial acreage is located between Ashland and Talent, featuring over 450 feet of frontage on South Pacific Highway and ODOT-approved access. The property includes cleared and level building areas, fruit-producing trees, and irrigation rights through TID. Previously the site of New Sammy's Cowboy Bistro, the land was cultivated as an organic garden for over 25 years. Public sewer, electric, and cable are available. Jackson County zoning allows for various business uses, including food and beverage, drive-through, medical services, recreation, entertainment, retail, and wholesale operations, with the option for accessory residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hair Salon Pharmacy Auto Parts Store Gym & Fitness Center Hotel & Motel Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Talent
    County
    Jackson
    State
    Oregon
    Longitude
    -122.7556227
    Latitude
    42.2285862

    Nearby Similar for Sale

    • $350,000

      Talent, OR Commercial Acreage

      High-visibility commercial land with highway frontage and development potential.
      2210 S Pacific Highway, Talent, OR 97540
      View Details
    • $140,000

      Talent, OR Mixed-Use Lot

      Mixed-use lot with development potential in Talent, Oregon.
      311 S Pacific Highway, Talent, OR 97540
      View Details
    • $140,000

      Talent, OR Commercial Property

      Prime 0.69 acre commercial property with valley views.
      361 S Pacific Hwy, Talent, OR 97540
      View Details
    • $180,000

      Talent, OR Development Opportunity

      Three lots totaling 0.31 acres, ready for development.
      70 Suncrest Road, Talent, OR 97540
      View Details
    • $125,000

      Talent, Oregon Land Opportunity

      Level lot suitable for duplex or home with ADU.
      314 E Rapp Road, Talent, OR 97540
      View Details
    • $85,000

      Talent, Oregon Land Opportunity

      1.41-acre lot with views and endless possibilities in Talent.
      Suncrest Road, Talent, OR 97540
      View Details
    • $5,400,000
      61,852 SF

      Talent Industrial Facility on 8.58 Acres

      61,852 SF industrial building with development potential in Talent, OR.
      101 E Rapp Road, Talent, OR 97540
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial land with highway frontage and development potential.
    Where is this commercial land located?
    The property is located at 2210 S Pacific Hwy Talent, OR.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: High‑visibility commercial acreage with ODOT‑approved access and over 450 feet of highway frontage.; General Commercial (GC) zoning allows for a wide range of business uses (food/beverage, retail, medical, etc.) and accessory residential use.; Cleared and level building areas ready for development.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Graham Thomas
    Graham Thomas
    Real Estate License ID: 980600033
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2210 S Pacific Hwy, Talent, OR 97540
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!