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Phoenix Commercial Development Land I-5
For Sale
$940,869

N Phoenix Rd & Grove Rd, Phoenix, OR 97535

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

Property SizeContact for details
Lot Size2.69 Acres
Days on Market206

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 Changed: Aug 19 Last Checked: Aug 20 at 4:31AM

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

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 97535, OR

5,015
Population
2,104
Households
2.4
Avg Household Size
46
Median Age
30%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
1,520
Density / Sq Mi
$60,451
Median Household Income
$35,000
Median Earnings
$1,284
Median Rent
$374,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
More about this property
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