Listed by Cushman & Wakefield, Cushman & Wakefield - Portland, Oregon, Cushman & Wakefield - San Diego, California
$1,975,000
I-5 Interchange Commercial Land: Lot 4
Details
Property Type Land
Sub Type Residential, Commercial
Acreage 8.240
Zoning Low Density Residential/ Rural Residential
8.24 AC | Residential Land | Lot 4
Marketing description
8.24 AC Residential development opportunity in Phoenix, Oregon. The offering includes multiple parcels with Commercial Highway, Low Density Residential, and Rural Residential-5 zoning, creating flexibility for a range of retail, service commercial, mixed-use, and residential-oriented development concepts. Utilities including water, wastewater, electric, and gas are available in the street. Surrounded by new growth, including a pending truck stop and planned apartment units, this high-profile site is ideally positioned for transformative development in the heart of the Rogue Valley.
Investment highlights
- Last substantial I-5 Interchange development opportunity in the region
- Located just south of a future master planned development
- Approved for 736 pm Peak Hour Trips (no further traffic studies required)
- Adjacent to Home Depot
- Proximity to California draws shoppers for no sales tax in Oregon
- 88-unit apartment project located just south of the property
Listing Contacts
Listed by Cushman & Wakefield, Cushman & Wakefield - Portland, Oregon, Cushman & Wakefield - San Diego, California
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