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3600 N Pacific Hwy

2.05 Acres of Residential Land Offered at £1,106,014 in Medford, OR 97501

Investment Highlights

  • High Traffic Location
  • High Growth Area
  • Investment Potential
  • Flexible Zoning
  • Utilities Available
  • Developer's Dream

Executive Summary

3600 N Pacific Hwy, Medford, OR – Prime Commercial Development Opportunity
This exceptional 2.05-acre vacant lot, boasting over 200 feet of frontage along North Pacific Highway, is a developer's dream. Nestled in the heart of Medford's thriving commercial corridor, this property offers unparalleled visibility and easy access to I-5, making it an ideal location for your next project.
Key Features:
High-Traffic Location: Situated on a major thoroughfare with excellent exposure to both local and interstate traffic.
Flexible Zoning: Zoned HC (Highway Commercial), allowing for a wide range of commercial uses.
Utilities Available: All utilities are readily available, simplifying the development process.
High-Growth Area: The surrounding area is experiencing rapid growth, ensuring a steady stream of potential customers and clients.
Investment Potential: This property represents a rare opportunity to secure a prime piece of real estate in one of Medford's most sought-after locations.
Don't miss out on this incredible chance to shape the future of Medford's commercial landscape. Contact Andrea Adams at John L. Scott today to learn more about this extraordinary property.

Property Facts

Price £1,106,014
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 2.05 AC

1 Lot Available

Lot 1800

Price £1,106,014
Price Per AC £539,519
Lot Size 2.05 AC

2.05 acre lot, C-H zoning, 200+ feet of frontage, ready to build.

Description

3600 N Pacific Hwy, Medford, OR – Prime Commercial Development Opportunity This exceptional 2.05-acre vacant lot, boasting over 200 feet of frontage along North Pacific Highway, is a developer's dream. Nestled in the heart of Medford's thriving commercial corridor, this property offers unparalleled visibility and easy access to I-5, making it an ideal location for your next project. Key Features: High-Traffic Location: Situated on a major thoroughfare with excellent exposure to both local and interstate traffic. Flexible Zoning: Zoned HC (Highway Commercial), allowing for a wide range of commercial uses. Utilities Available: All utilities are readily available, simplifying the development process. High-Growth Area: The surrounding area is experiencing rapid growth, ensuring a steady stream of potential customers and clients. Investment Potential: This property represents a rare opportunity to secure a prime piece of real estate in one of Medford's most sought-after locations. Don't miss out on this incredible chance to shape the future of Medford's commercial landscape. Contact Andrea Adams at John L. Scott today to learn more about this extraordinary property. Medford C-H (Highway Commercial) Zoning: Medford's C-H zoning designation is designed to accommodate a wide range of commercial uses along major transportation corridors, primarily highways. The primary goal of this zoning is to facilitate businesses that cater to both local residents and highway travelers. Permitted Uses: Auto-oriented businesses (gas stations, repair shops, car washes) Retail stores (large and small) Restaurants (including drive-thrus) Hotels and motels Entertainment venues Offices and professional services Storage facilities Light industrial uses Conditional Uses: Certain uses may be permitted with a conditional use permit, allowing for flexibility and control over development. These can include: Vehicle sales lots Outdoor storage Billboards and other signage Recreational vehicle parks Private clubs Adult entertainment businesses Key Considerations: Setbacks: C-H zoning typically requires larger setbacks from property lines compared to other commercial zones, ensuring adequate space for parking and landscaping. Building Height: Building height restrictions may apply to maintain visual appeal and prevent obstruction of views. Landscaping: Landscaping requirements are often in place to enhance the aesthetics of the area. If you are considering developing a property in Medford's C-H zone, it's crucial to consult with the city's planning department to ensure your project complies with all applicable regulations and guidelines.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10494502
Land Assessment
£562,724
Improvements Assessment
£0
Total Assessment
£562,724

zoning

Zoning Code C-H (Medford's C-H zoning designation is designed to accommodate a wide range of commercial uses along major transportation corridors, primarily highways.)
C-H (Medford's C-H zoning designation is designed to accommodate a wide range of commercial uses along major transportation corridors, primarily highways.)
  • Listing ID: 32161569

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: 3600 N Pacific Hwy, Medford, OR 97501

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