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0 Pacific - South Pacific Highway Development

17.48 Acres of Commercial Land Offered at £1,923,600 in Talent, OR 97540

Executive Summary

Welcome to South Pacific Highway, a unique opportunity for the discerning buyer. Located just North of the city limits of Talent and just 6 miles from the "Top 10 Best Small Art Towns in the US" finalist Town of Ashland, this property is well-positioned in the urban reserve for the community's needs.
The offering encompasses just over 17 acres of level development ground on a hard corner of Highway 99, the main non-interstate access to the growing cities of Phoenix, Talent, and Ashland.
Currently situated in the county, the project is planned for future annexation into the city of Talent. The slated zoning is expected to be Light Industrial, however buyers are not necessarily limited to that use. A buyer will have the opportunity to propose an alternate commercial use, or possibly a high-density residential project.
This South Pacific Highway project is located in a path for growth and ideally positioned for easy access to downtown Talent, while also being a short commute to the surrounding communities of Medford, Phoenix, and Ashland.
Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval. Please see the full Offering Memorandum and www.OregonDevelopmentLand.com for exact details.

Property Facts

Price £1,923,600
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Multifamily
Total Lot Size 17.48 AC

1 Lot Available

Lot

Price £1,923,600
Price Per AC £110,046
Lot Size 17.48 AC

zoning

Zoning Code EFU (Currently zoned Exclusive Farm Use (EFU). Slated for Light Industrial or similar commercial use.)
EFU (Currently zoned Exclusive Farm Use (EFU). Slated for Light Industrial or similar commercial use.)
  • Listing ID: 30144292

  • Date on Market: 21/11/2023

  • Last Updated:

  • Address: 0 Pacific, Talent, OR 97540

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