3595 Barnett Rd Medford, OR 97504
- Commercial land
- 0.80 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3595 Barnett Rd
- Lot size
- 0.80 lot acres
- Zone code
- C-S/P
- Property type
- Commercial land
- APN
- 1-0426446
- APU
- 10426446
Description
This exceptional 0.8-acre commercial land parcel, totaling 34,848 square feet, presents a unique investment opportunity in Jackson County. Located in a master-planned office park and zoned C-S/P (Commercial-Service/Professional), this property offers significant flexibility for developers and businesses. The APN is 10426446, and the property is conveniently situated near No. Phoenix Road. Owners are open to two primary development scenarios. First, a build-to-suit option is available for qualified tenants. This option is based on a land valuation of $30.00 per square foot, with a projected net 3-year return of 11% on all project costs. Alternatively, an unsubordinated land lease is also being considered. This lease would be based on a $30.00 per square foot valuation and a projected net 3-year return of 10%. The property is designated for single tenancy, making it ideal for a business seeking a dedicated and prominent location. This prime commercial land offers a compelling opportunity for growth and profitability within a well-established office park environment. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is suitable for a variety of commercial uses, subject to zoning regulations.
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
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.814
- Latitude
- 42.3178
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
