1585 Central Ave Medford, OR 97501
- Industrial land
- 3.25 lot acres
Current Use by Public Records
- Industrial land
Property Details for 1585 Central Ave
- Lot size
- 3.25 lot acres
- Zone code
- I-L
- Property type
- Industrial land
- APN
- 1-0989861
- APU
- 10989861
Description
This exceptional 3.25-acre industrial land parcel, located at 1585 N. Central Ave in Medford, Oregon (APN 1-0989861), presents a unique investment opportunity. Situated directly across from the Northgate Development, this property boasts high visibility and convenient access to Highway 238. The I-G zoning permits a variety of uses, including but not limited to banks, restaurants, and office spaces. The strategic corner location offers significant advantages, with a connecting frontage road linking the two property entrances. Furthermore, a traffic signal is being considered for the south entrance, enhancing accessibility and visibility. The seller is flexible and open to various transaction structures, including outright sale, land lease, or build-to-suit arrangements. However, the seller retains the right to approve the buyer and intended use of the property. Please note that a lot line adjustment will be completed by the seller prior to closing. This property is priced at $2,121,500 and offers substantial potential for development and return on investment. Don't miss this chance to acquire a prime industrial site in a rapidly growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.888
- Latitude
- 42.3423
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
