799 Jefferson Ave - Commercial LAND FOR SALE


Ashland, OR 97520 155,074 SF
$795,000 USD
458-220-8881
799 Jefferson Ave, Ashland, OR for Sale
$795,000 USD
Commercial LAND - FOR SALE
1/13
155,074 SF

799 Jefferson Ave
Ashland, OR 97520


HIGHLIGHTS

  • 3.57 acres build-ready E-1 land
  • 43% below adjacent comparable sale
  • ~53 mixed-use units by right
  • Proven distribution corridor, flexible uses
  • Rail-spur feasible · seller financing available

OVERVIEW

SALES NOTES Back on market at a new price. 799 E Jefferson represents a rare chance to acquire flat, fully serviced, build-ready employment land at the south gateway to Ashland's primary commercial corridor — a category of land the city, hemmed in by foothills and a tightly held urban growth boundary, produces once a generation rather than once a cycle. A proven, in-demand use — without limiting the field. The corridor's established pattern is distribution and warehousing, with long-tenured operators throughout, making warehouse or light-industrial development a proven and in-demand use on this site. At the same time, the parcel's scale and E-1 flexibility leave the door wide open to office, retail, mixed-use, or institutional buyers. The most likely buyer is an owner-user or developer building distribution or light-industrial product to meet steady local demand — but the underwriting works just as readily for a multi-tenant flex campus, a mixed-use program, or a long-hold land position. Priced below the market. At $795,000 — $222,689 per acre — the offering sits 43% below the per-acre basis of the adjacent 777 E Jefferson parcel, which sold for $392,040 per acre, and 41% below the property's own Ticor-assessed value of $1,336,630. Recent comparable Ashland land sales support the basis, and improved commercial sales along the corridor trade at a multiple of vacant-land pricing — underscoring the value in acquiring serviced employment ground at this level. Mixed-use upside by right. Beyond its commercial uses, the R-Overlay allows up to approximately 53 residential units over ground-floor commercial with no special-use permit or density bonus required — a meaningful redevelopment path that few employment-zoned sites offer, and one the City's own Comprehensive Plan endorses for E-1 overlay properties. Confirmed rail-spur feasibility. At the seller's request, Genesee & Wyoming Railroad Services evaluated the site and produced a conceptual layout for a private spur connecting directly into the adjacent Central Oregon & Pacific main line — accommodating 446 track-feet and six 65-foot rail cars. Rail-served employment land is effectively a closed inventory in Southern Oregon, so this is a durable structural advantage for a freight-intensive user and meaningful optionality for any buyer. (Conceptual layout and cost estimate in documents; for reference only, subject to railroad approval and engineering review.) Very favorable seller financing. Offered to qualified buyers with a $250,000 minimum down payment; rate, amortization, and term are negotiable based on offer strength. Diligence & next steps. The full due-diligence package — Ticor preliminary title report, partition plat, prior pre-application correspondence, and the rail-spur conceptual layout — is available to qualified buyers on request. The complete Offering Memorandum is attached in documents. Buyer and buyer's agent to perform all due diligence regarding zoning, allowed uses, utilities, and any other material matters; all information deemed reliable but not guaranteed, and the listing brokers make no representation as to accuracy or completeness. Contact either listing broker for details.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/ACRE

$223,315/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Commercial lot 3.57ac Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial, Office, Mixed Use, Day Care Center, Distribution, Hold for Development, Hold for Investment, Retail Warehouse, Self-Storage, Single Family Development, Storefront Retail/Office, Warehouse

LAND ACRES

3.56 AC

LAND SF

155,074 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk

ZONING

E-1

APN/PARCEL ID

10939308

ASK ABOUT THIS PROPERTY

Christopher PfauColdwell Banker Professional GroupMore Info
458-220-8881

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Christopher PfauColdwell Banker Professional GroupMore Info
458-220-8881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.