638 Tolman Creek Rd Ashland, OR 97520

This exceptional 3.64-acre development site in Ashland, Oregon, presents a unique investment opportunity. Located on a highly visible corner lot at 638 Tolman Creek Rd, 97520, this property boasts a Flexible E-1 zoning with a Transit Triangle Overlay, allowing for diverse mixed-use development. The site includes two tax lots (APN 10080874 & 10080882) and benefits from existing infrastructure, including sidewalks and curbs, with utilities already in place. A detailed survey and a 2017 master plan are available for review. The property also features a well-maintained 1,767 square foot, 3-bedroom, 2-bathroom 1950s single-family residence and a barn, which can be incorporated into a development plan, relocated, or removed. No value has been assigned to these existing structures in the asking price of $3,675,000. Potential uses include, but are not limited to, car washes, quick-service restaurants (QSR), retail/office space with residential units above. The property's strategic location provides easy access to Highway 66, Interstate 5 (Exit 14), and public transportation via the Rogue Valley Transportation District (RVTD), ensuring excellent connectivity throughout the region. This prime location offers significant advantages for businesses requiring convenient access to major transportation routes and a vibrant community. The property's versatility and prime location make it an ideal investment for developers seeking a high-impact project in a thriving Oregon market.