1874 Pine St, Medford, OR 97502
This exceptional 7.71-acre commercial development site in Medford, Oregon, presents a remarkable investment opportunity. Located on East Pine Street, this flat parcel boasts convenient access to Interstate 5, ensuring high visibility and accessibility for businesses. The property is zoned C4 General Commercial, allowing for a wide range of development possibilities. The city's planned installation of a new traffic signal at the intersection of East Pine Street and Gebhart Road will further enhance visibility and traffic flow. This prime location is ideal for a variety of commercial uses, including but not limited to: car washes, quick-service restaurants (QSRs), fast-food drive-throughs, convenience stores, markets, hotels, motels, barber and beauty shops, sit-down restaurants, and community shopping centers. The site benefits from city water and sewer services, simplifying infrastructure development. The asking price for this exceptional property is $4,500,000. Its flat topography and strategic location near Interstate 5 make it an attractive prospect for developers seeking high-impact commercial projects in a thriving Oregon market. The C4 zoning provides flexibility for a diverse range of commercial ventures, ensuring a strong return on investment. Don't miss this chance to acquire a premier commercial land parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.