943 Summit Ave, Medford, OR 97501

Infill Development Site - 943 Summit Ave

Exclusively presented for sale - Welcome to 943 Summit Avenue

Infill Development Site - 943 Summit Ave
Property Details

Infill Development Site

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!

Property Info

Price

$995,000

Property Type

Development Land

Building SQ Feet

Lot Acres

0.92

Representation

Seller

Date Sold