Listed by RE/MAX Platinum, RE/MAX Platinum Commercial
$5,828,000
Phoenix Commercial Development
Details
APN 10018755, 10017582
Property Type Land
Sub Type Commercial, Industrial
Square Footage 820,671
Class A
Acreage 18.840
Zoning HZ
Investment Type Value Add
Ownership Fee Simple
Future Commercial Development Land
Marketing description
Regional Growth & Economic Strength
- As the economic, healthcare, retail, and transportation hub of Southern Oregon, Medford serves a regional population extending well beyond city limits. Supported by diverse employment, Interstate 5 connectivity, Rogue Valley International–Medford Airport, and continued population growth, the market continues to generate long-term demand for new residential development across a variety of housing types.
Strategic Development Location
- Situated within the Phoenix Urban Growth Boundary and adjacent to the Medford UGB, the Property is ideally positioned within one of the Rogue Valley's natural residential expansion corridors. Existing infrastructure, nearby employment centers, schools, healthcare, shopping, and established neighborhoods create an efficient and highly desirable location for single-family, multifamily, or thoughtfully integrated mixed-use development.
Premier Lifestyle Setting
- The Property offers a unique combination of lifestyle amenities rarely found within a single development opportunity. Immediate adjacency to Centennial Golf Club provides permanent open space, scenic fairway and mountain views, and an established neighborhood identity, while Padigan Cellars Winery contributes to the area's distinctive character through wine tasting, dining, and community events. Together with the Rogue Valley's renowned outdoor recreation and quality of life, these amenities position the Property to support a differentiated, high-quality residential community with lasting market appeal.
Investment highlights
Prime Commercial Growth Corridor
- Located within the City of Phoenix along the rapidly developing North Phoenix/Grove Road corridor, the Property consists of approximately 18.84 contiguous acres positioned near Interstate 5 and one of the area's primary commercial intersections. As surrounding residential and commercial development continues to expand, the Property is strategically situated to capitalize on increasing traffic, consumer demand, and long-term economic growth.
Flexible Commercial Development Opportunity
- Comprised of two adjacent Holding Zone (H-Z) parcels totaling approximately 18.84 acres, the assemblage offers exceptional flexibility for a broad range of future commercial uses, subject to rezoning and entitlement. Whether developed as retail, medical office, hospitality, professional services, restaurants, or a mixed-use commercial center, the Property provides the scale necessary to accommodate a thoughtfully planned, high-quality development serving both Medford and Phoenix.
Positioned to Serve a Growing Trade Area
- The Property is uniquely positioned between Medford's expanding southern growth corridor and the City of Phoenix, adjacent to the Centennial Village master-planned development and the proposed residential expansion to the north. As thousands of future residents are introduced into the surrounding area, the Property presents a compelling opportunity to develop neighborhood-serving commercial uses that will become an integral component of one of the Rogue Valley's fastest-growing communities.
Assemblage Opportunity
- The Property is offered as a standalone 2-parcel commercial development opportunity but may also be combined with an adjacent residential parcel for purchasers seeking greater scale and development flexibility. This unique assemblage creates the potential for a thoughtfully integrated master-planned community featuring residential neighborhoods supported by strategically located commercial amenities, maximizing convenience for residents while enhancing overall project value. For more information, contact brokers or visit: https://shorturl.at/NLzSY
Listing Contacts
Listed by RE/MAX Platinum, RE/MAX Platinum Commercial
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