30 Rossanley Dr Medford, OR 97501
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High-traffic corner, prime location.
Property Features for 30 Rossanley Dr
General Information
- Property type
- Land
- Lot Size
- 71,438 SF
Listing Agent: Scott King
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 1.64-acre commercial land parcel at 30 Rossanley Drive, Medford, Oregon (APN 11005067), presents a unique investment opportunity. Situated on a high-visibility corner with approximately 1465 feet of frontage on Highway 62 and North Riverside, it boasts unimpeded sightlines to over 40,000 vehicles daily. Its strategic location at the "Big X" intersection, less than half a mile from I-5 Exit 30, ensures exceptional accessibility and exposure. Zoned C-S/P-RZ, the property is ideal for various retail or medical uses, with existing plans for a high-end medical clinic buildout available. The offering includes an assumable ground lease with 40.1 years remaining (expiring 12/31/2064), featuring rent bumps and lease options. The property benefits from its proximity to Northgate Village, a new 350+ unit luxury apartment complex, contributing to the area's rapid growth and development into a walkable neighborhood. The site offers 30 parking spaces. While the existing plans focus on medical, developers are not limited to this use, allowing for flexible development options. This prime location offers significant potential for investors seeking a high-return opportunity in a thriving Southern Oregon market. The property is available for assignment or sub-lease of the existing ground lease.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.88270604
- Latitude
- 42.34553334
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FAQs
What type of property is this?
Land - High-traffic corner, prime location.
Where is this land located?
The property is located at 30 Rossanley Dr Medford, OR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Prime Southern Oregon retail corner location at 30 Rossanley Dr, Medford, OR.; High visibility with ±1465 feet of frontage on Highway 62 and North Riverside, seeing 40,000+ vehicles daily.; Strategic "Big X" intersection location, less than half a mile from I-5 Exit 30.
