Pacific Hwy Talent, OR 97540
- Land
- 17.48 lot acres
Current Use by Public Records
- Land
Property Details for 0 Pacific Hwy
- Lot size
- 17.48 lot acres
- Property type
- Land
Description
This exceptional 17.48-acre commercial land parcel presents a significant development opportunity in Talent, Oregon. Strategically located on Highway 99, it offers unparalleled access to the thriving communities of Phoenix, Talent, and Ashland. Currently zoned EFU, the property is slated for annexation into the City of Talent with anticipated LI zoning, though alternative commercial or high-density residential uses may be considered. The level terrain and hard corner location provide ideal development conditions, minimizing site preparation costs. The asking price of $2,400,000 translates to a compelling price per acre of $143,021, reflecting the property's prime location and development potential. Buyers are responsible for conducting due diligence regarding development requirements, including permits, access improvements, utilities, and associated costs. The property's proximity to Ashland, a renowned arts community, and its position within a growth corridor further enhance its investment appeal. This is a rare opportunity to acquire a large, well-situated parcel poised for significant future value appreciation. Note that any final density or configuration is subject to city approvals.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Talent
- County
- Jackson
- State
- Oregon
- Longitude
- -122.777
- Latitude
- 42.2415
