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250 N Phoenix Rd - 17.39 acres I-5 Interchange land 17.39 Acres of Commercial Land Offered at $16,262,468 CAD in Phoenix, OR 97535

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INVESTMENT HIGHLIGHTS

  • The only undevelped 17 acres prime land off Exit 24 of interstate 5
  • Bear Creek, the pond and the wooded area adjacent to subject can be used as amenities for a campus setting 'blue zone' development
  • Easy and quick access from Exit 24 of Interstate 5 with ADT 41,000 vehicles a day
  • Tax lot 2901 5.54 acres are within the Urban Renewal District of the City of Phoenix

EXECUTIVE SUMMARY

Three major tax lots can be sold separately subject to conditions
Tax lot 2901 to 2 lots subject to partition. This lot is within the PHURA, Phoenix Urban Renewal District
PUD Planned units Development can be applied for a mixed use development disregard of zoning
Pad Lot Subdivision can be done to separate individual lots for separate ownership
Tax lot 3100 abut to Bear Creek, a pond ana a wooded area can be used as amenities for a campus setting
A pedestrian bridge is being planned over Bear Creek to downtown Phoenix

PROPERTY FACTS

Price $16,262,468 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Bank
  • Casino
  • Tienda de conveniencia
  • Fast Food
  • General Freestanding
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Park
  • Lodge or Meeting Hall
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Medical
  • Neighbourhood Centre
  • Office Park
  • Planned Unit Development
  • Research and Development
  • Restaurant
  • Schools
  • Service Station
Total Lot Size 17.39 AC
Zoning Commerical / Residental - 2901 - 5.54 acres, zoned C-H, IB overlay 3290 - 0.01 acres zoned C- H 3200 -7.57 acres, zoned R-3 High Density Residential 2100 - 4.27 acres, same R3

1 LOT AVAILABLE

Lot

Price $16,262,468 CAD
Price Per AC $935,162.07 CAD
Lot Size 17.39 AC

Lot 2901 5.54 acres separated by Luman Road to approx 2.36 acres 3.18 acres Zoned CH Highway Comm with IB Interchange Business overlay within PHURA Lot 3200 & 3100 7.57 acres; 4.27 acres zoned RR3 High Density Residential; Lot 3290 0.1 acre

DESCRIPTION

17 acres prime interchange land off Exit 24 of Interstate 5 with ADT 41,000 vehicles a day quick and easy access with the newer Diverging Diamond Interchange design the only one in Oregon. Subject is the southwest quadrant of 'interchange Exit 24 of interstate 5 the only undeveloped large parcel of land. The other quadrants are McDonald & Dollar Tree anchored retail center, Home Depot, La Z Boy, Petro Travel Center, Shell gas station, Peterbuilt Trucks Center City of Phoenix, south of city of Medford and north of city of Ashland is in the process of rebuilding after the 2020 Almeda fire. Subject 17 acres w 3 major lots are the 'gateway to the city of Phoenix off Phoenix Exit 24 onto North Phoenix Road. North Phoenix Road connecting from East Medford to hwy 99 and downtown Phoenix. North lot of tax lot 2901 is in contract as of Oct 27th 2025. Aprrox 15 acres is now available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10025923
  • 10025931
  • 10025907
Land Assessment
$2,879,247 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,879,247 CAD
  • Listing ID: 37459667

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 250 N Phoenix Rd, Phoenix, OR 97535

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