$8,220,000 / 17 Acres / Available
Located adjacent to the Exit 33 interchange (City of Central Point), with great visibility from Interstate-5 and East Pine Street, this 17-acre property is ideal for retail or hospitality development. The property is level, cleared of trees and has access to all major utilities at, or near, the property line. The property is comprised of two parcels (12.19 acres and 4.95 acres) and future traffic plans may include additional road frontage. Bear Creek Greenway borders the east property line and provides easy access for both pedestrian and bicycle traffic. The Expo borders the property on the west side and is home to numerous major events throughout the year. Additionally, the Rogue Valley International Airport is just over 1 mile away.
This location has great visibility from both I-5 and Pine street. Traffic counts for I-5 north of exit 33 are in excess of 40,000 per day and traffic counts for East Pine Street between Peninger and Hamrick are over 28,000 per day. This site is one of the most visible in the area.
The city of Central Pointâ€™s growth strategy is centered around supporting I-5 services, The Expo and the Greenway. All three of which this property adjoins. Costco has recently moved their southern Oregon location to this Interchange. Additionally, there has been an exponential rise in commercial activity in this area.
Southern Oregon enjoys incredible natural beauty, abundant water and a distinct four seasons with a mild winter. Regional attractions include Crater Lake National Park, the world-renowned Rogue River, Oregon Shakespeare Festival and an emerging Wine Industry with many beautiful vineyards and incredible wineries. There are over 300,000 people that call this area home. For years this has been one of the top destinations on the west coast for individuals and families to relocate. Additionally, the Medford area is the retail and medical hub for Southern Douglas, Curry and Klamath counties as well as Siskiyou County (Northern, CA). Medford is located approximately halfway between the Bay Area and Portland.
Call for details on Development, Zoning and other resources. This may be the last I-5 interchange property of its kind available in the region.
â€œSouthern Oregon has no sales tax, no inventory tax, and our corporate income tax is a single sales factor apportionment; which means your corporate income tax will be determined solely based on your sales within the state. While cash incentives reduce startup costs, our operational cost savings are predictable and on-going. In addition to tax savings, our Workerâ€™s Comp rates are 6th lowest in the nation and our water and energy are affordable and abundant.â€ (Source: soredi)
Lithia Auto Stores~ â€œWe made a conscious decision to locate our new headquarters here, where we have the best of all worldsâ€”an affordable and outstanding quality of life and a location on the I-5 corridor between two of the most dynamic cities in the country. We can be just as competitive here as anywhere, and we donâ€™t lose time to a long commute. Lithia Auto Stores NEW Corporate Headquarters, Medford.â€ (Source: soredi)
Carestream Health~ The quality of our workforce in Southern Oregon has enabled us to become the global volume leader of medical imaging film.â€ (Source: soredi)
Diode Laser Concepts â€œSouthern Oregon is conducive to business. There is a true entrepreneurial spirit here that goes below the radar. Diode Laser Conceptsâ€™ NEW high-tech facility, Medford.â€ (Source: soredi)
From Southern Oregon Regional Economic Development, Inc.-
Dear Robert, I think you are one of the nicest people on the planet, and for sure the best realtor. Thank you for all your hard work, great advice, patience, and for sticking in there with me. You really went "above and beyond". The world is a better place with people like you in it and I feel really lucky to have crossed paths with you"
~ Jane Fisher
"We appreciated Tim's hard work. We had 2 different real estate companies prior to meeting you, over the time of a couple years they each brought us 1 prospective buyer. You in turn brought us numerous prospective buyers along with several offers, with a final close in under 2 years. We feel that you had a knowledge of where and how to market our business so it was marketed in the right places and to the right people. As you well know when the sale was finalized it was at our asking price with little or no haggling.
We appreciate the fact that you were available 7 days a week, and willing to show the business even on a Sunday with very little notice. Tim Thank you once again.
~ Pat and Jody Schatz
"We were referred to Jason a few years ago. We were looking for our dream rural property, however, competition was high and inventory was low. Jason found us a great starter home until the right property came along. He continued to keep looking for us; one day we received a phone call that he “thinks he found the one.” We drove out to that day, and we immediately knew Jason was right ~ This was the dream property we had been waiting for! Jason stayed on top of every detail, and we can't thank him enough for listening to all of our needs and wants and finding the perfect property for our family. His attention to detail, care for his customers, integrity, understanding of the market, and work ethic shined every step of the way!"
~ Ashley Lacer, MAI
Certified General Appraiser