For Sale
$2,400,000

0 Pacific HwyTalent, OR 97540

Prime Development Land, Highway 99 Access

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 17.48-acre commercial land parcel presents a significant development opportunity in Talent, Oregon. Strategically located on Highway 99, it offers unparalleled access to the thriving communities of Phoenix, Talent, and Ashland. Currently zoned EFU, the property is slated for annexation into the City of Talent with anticipated LI zoning, though alternative commercial or high-density residential uses may be considered. The level terrain and hard corner location provide ideal development conditions, minimizing site preparation costs. The asking price of $2,400,000 translates to a compelling price per acre of $143,021, reflecting the property's prime location and development potential. Buyers are responsible for conducting due diligence regarding development requirements, including permits, access improvements, utilities, and associated costs. The property's proximity to Ashland, a renowned arts community, and its position within a growth corridor further enhance its investment appeal. This is a rare opportunity to acquire a large, well-situated parcel poised for significant future value appreciation. Note that any final density or configuration is subject to city approvals.

Highlights

  • $2,400,000 asking price for 17.48 acres of commercial land.
  • Located in Jackson County, Oregon, near Medford and Ashland, with easy access to Highway 99.
  • Currently zoned EFU, but slated for Light Industrial (LI) or similar zoning after annexation into the City of Talent.
  • $143,021 per acre land value.
  • Buyer responsible for all due diligence and development costs.

Property Details for 0 Pacific Hwy

Property type
Land
Lot Size (sq. ft)
761,429 SF

Location Insight

City
Talent
County
Jackson
State
Oregon
Latitude
42.2415184
Longitude
-122.7769988
Pacific Hwy, Talent, Oregon

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0 Pacific Hwy
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