943 Summit Ave - Commercial LAND FOR SALE


Medford, OR 97501 40,075 SF
$995,000 USD
541-944-9967
943 Summit Ave, Medford, OR for Sale
$995,000 USD
Commercial LAND - FOR SALE
1/18
40,075 SF

943 Summit Ave
Medford, OR 97501


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present 943 Summit Avenue, a rare public offering of an infill commercial development parcel in Medford, Oregon (the "Site"). 943 Summit Avenue is one of only a handful of highly-visible, easily accessed development sites in all of Medford. The Site enjoys a location with 245' of total road frontage, and access from four separate left/right driveways. The Site is also visible from a combined 36,000+ vehicles per day. While zoned Light Industrial, the Site is ideally positioned for a retail, automotive or similar use, several of which appear to be allowed as Special Uses referenced in the zoning code. Buyer to complete all due diligence for all developments. Several ground-up apartment, gas station, industrial, and other developments have either recently been completed or are under construction in the immediate area surrounding the Site; this neighborhood is quickly developing into a more desirable corridor within the City of Medford. Interstate-5 access is 5 minutes (1.5 miles) from the Site, and access to the main regional Highways are also within just a few minutes - the Site is one of the most 'centrally-located' sites remaining in Medford. Prospective purchasers should note the south neighboring property appears to be encroaching several feet on the south boundary. The opportunity is clear at 943 Summit Avenue for a variety of development projects - contact brokers today for more info!

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/ACRE

$1,081,527/AC

PRICE/SF

$25 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.92 AC

LAND SF

40,075 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Light Industrial

APN/PARCEL ID

10386530

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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