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    OFF-MARKET
    Commercial real estate

    1874 Pine St, Medford, OR 97502

    7.71 ac lot
    Property ID
    US71-0871850
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 7.71 ac (335,848 SF)
    UPID US71-0871850
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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