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799 Jefferson Ave
Ashland, OR 97520
Commercial lot 3.57ac Land · Land For Sale
·
3.56 AC
Investment Highlights
- 3.57 acres build-ready E-1 land
- ~53 mixed-use units by right
- Rail-spur feasible · seller financing available
- 43% below adjacent comparable sale
- Proven distribution corridor, flexible uses
Executive Summary
Back on market at a new price. 799 E Jefferson represents a rare chance to acquire flat, fully serviced, build-ready employment land at the south gateway to Ashland's primary commercial corridor — a category of land the city, hemmed in by foothills and a tightly held urban growth boundary, produces once a generation rather than once a cycle.
A proven, in-demand use — without limiting the field. The corridor's established pattern is distribution and warehousing, with long-tenured operators throughout, making warehouse or light-industrial development a proven and in-demand use on this site. At the same time, the parcel's scale and E-1 flexibility leave the door wide open to office, retail, mixed-use, or institutional buyers. The most likely buyer is an owner-user or developer building distribution or light-industrial product to meet steady local demand — but the underwriting works just as readily for a multi-tenant flex campus, a mixed-use program, or a long-hold land position.
Priced below the market. At $795,000 — $222,689 per acre — the offering sits 43% below the per-acre basis of the adjacent 777 E Jefferson parcel, which sold for $392,040 per acre, and 41% below the property's own Ticor-assessed value of $1,336,630. Recent comparable Ashland land sales support the basis, and improved commercial sales along the corridor trade at a multiple of vacant-land pricing — underscoring the value in acquiring serviced employment ground at this level.
Mixed-use upside by right. Beyond its commercial uses, the R-Overlay allows up to approximately 53 residential units over ground-floor commercial with no special-use permit or density bonus required — a meaningful redevelopment path that few employment-zoned sites offer, and one the City's own Comprehensive Plan endorses for E-1 overlay properties.
Confirmed rail-spur feasibility. At the seller's request, Genesee & Wyoming Railroad Services evaluated the site and produced a conceptual layout for a private spur connecting directly into the adjacent Central Oregon & Pacific main line — accommodating 446 track-feet and six 65-foot rail cars. Rail-served employment land is effectively a closed inventory in Southern Oregon, so this is a durable structural advantage for a freight-intensive user and meaningful optionality for any buyer. (Conceptual layout and cost estimate in documents; for reference only, subject to railroad approval and engineering review.)
Very favorable seller financing. Offered to qualified buyers with a $250,000 minimum down payment; rate, amortization, and term are negotiable based on offer strength.
Diligence & next steps. The full due-diligence package — Ticor preliminary title report, partition plat, prior pre-application correspondence, and the rail-spur conceptual layout — is available to qualified buyers on request. The complete Offering Memorandum is attached in documents. Buyer and buyer's agent to perform all due diligence regarding zoning, allowed uses, utilities, and any other material matters; all information deemed reliable but not guaranteed, and the listing brokers make no representation as to accuracy or completeness. Contact either listing broker for details.
Property Facts
1 Lot Available
Lot
| Price | $1,109,637 CAD | Lot Size | 3.56 AC |
| Price Per AC | $311,695.82 CAD |
| Price | $1,109,637 CAD |
| Price Per AC | $311,695.82 CAD |
| Lot Size | 3.56 AC |
3.57-acre flat, build-ready E-1 parcel. Fully unimproved, full City utilities, FEMA Zone X, inside UGB. Frontage on two public streets (190 ft Jefferson Ave, 868 ft Washington St). Broad commercial/industrial use; ~53 mixed-use units by right.
Description
PROPERTY DESCRIPTION 799 E Jefferson is a 3.57-acre, fully unimproved parcel zoned E-1 (Employment) at the south end of Ashland, Oregon — a flat, build-ready commercial site at the gateway to the city's primary employment corridor. The Site. The parcel is level (2–3% grade), free of structures, and carries no environmental cleanup history of record and no CC&Rs encumbering title per the Ticor preliminary report. It sits within FEMA Zone X (minimal flood hazard) and the soil and contour records confirm level, build-ready ground. The lot reads as a long, narrow triangle with frontage on two public streets: 190 feet along E Jefferson Avenue at the north (primary access) and 868 feet along Washington Street on the southwest face, with curb-and-gutter already in place at the Jefferson corner and signage permitted on site. The dual frontage gives a developer room to separate truck movement, customer access, and any residential entrance on a single site. Utilities & Services. Full City of Ashland services are available: municipal water, sewer, and electric (Ashland Municipal Electric), with natural gas via Avista and high-speed connectivity including Hunter fiber to 2.5 Gbps. The property is inside the urban growth boundary. (Buyers should verify all service connections, capacity, and tap fees directly with the City and applicable providers.) Zoning & Allowed Uses. E-1 supports the broadest commercial use spectrum permitted anywhere in Ashland — including distribution and warehouse, light manufacturing, assembly and fabrication, retail, professional and medical office, restaurant and food service, health and fitness, and institutional or community uses. Under the City's Residential (R) Overlay, the same parcel also carries residential development of up to 15 dwelling units per acre — approximately 53 mixed-use units across the site — when paired with ground-floor commercial, with standard site review and no special-use permit, density bonus, or income restriction required. Buyers should confirm specific intended uses and development standards with the City of Ashland Community Development Department (reference Ashland Land Use Ordinance §18.2.2.030). Location & Access. The property sits on Interstate 5 between Portland and San Francisco, in the southwest quadrant of Ashland's employment district. I-5 Exit 14 (OR-66 / Ashland Street) is approximately 1.1 miles north via Jefferson Avenue, Tolman Creek Road, and Ashland Street. Downtown Ashland, Southern Oregon University, and Asante Ashland Community Hospital are all within roughly five to eight minutes; the City of Medford and Rogue Valley International–Medford Airport are reachable in about twenty. The Corridor. Jefferson Avenue is Ashland's working employment corridor. Within a half-mile of the site is an established cluster of owner-operated manufacturers, distributors, and warehouse/distribution operators, alongside retail anchors including the adjacent 777 Jefferson Goodwill — together employing more than 200 people across multi-decade operations. The corridor draws on a deep regional labor pool of roughly 21,500 in Ashland and more than 220,000 across the Rogue Valley. APN 1093930 · Jackson County · Ashland, OR 97520. Information deemed reliable but not guaranteed; buyer to verify all figures and material facts independently.
Property Taxes
| Parcel Number | 10939308 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,311,396 CAD |
Property Taxes
