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8074 Highway 62
White City, OR 97503
High-Visibility Commercial Development Site · Land For Sale
·
2.05 AC
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present 8074 Highway 62, a commercial development site located in White City, Oregon (the "Site").
The Site is situated in-line with several rapidly developing commercial frontage lots on Hwy 62. The subject Site consists of two level contiguous parcels totaling approximately 2.05 acres. This commercial development opportunity benefits from high visibility along Highway 62, one of the Rogue Valley's primary roadways, with direct line of sight to over 22k VPD. Utilities are close to or are stubbed to the Site.
A key highlight of the Site is its relatively flat topography which can make for a smooth development process. Zoned General Commercial (GC), the property also allows for significant flexibility and is well-suited for a wide range of commercial uses including retail, medical, service/professional and much more.
Included in a purchase are rough plans of a ±24,353 SF mixed-use retail/warehouse style building, well-suited for grocery, markets, or any kind of service or professional business.
While the Site lends itself well to a building of this size and layout, the lot could easily suit other kinds of developments. This is an ideal site for a single or multi-tenant retail development, which can beneift significantly from the recent completion of the rear driveway providing access to Avenue G to the north and its signalized intersection.
Additionally, the Seller will consider build-to-suit proposals for qualified users - terms are to be negotiated. Contact listing brokers for more info.
The surrounding area is a mixture of commercial businesses along Highway 62 including Goodwill, Rogue Credit Union (local bank), Les Schwab Tire, GO Car Wash, and several other gas and convenience stores.
Directly to the east, there are many established single-family residential neighborhoods
Prospective buyers should note that the Site is located within a federally designated Opportunity Zone, potentially providing significant development incentives.
Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information!
The Site is situated in-line with several rapidly developing commercial frontage lots on Hwy 62. The subject Site consists of two level contiguous parcels totaling approximately 2.05 acres. This commercial development opportunity benefits from high visibility along Highway 62, one of the Rogue Valley's primary roadways, with direct line of sight to over 22k VPD. Utilities are close to or are stubbed to the Site.
A key highlight of the Site is its relatively flat topography which can make for a smooth development process. Zoned General Commercial (GC), the property also allows for significant flexibility and is well-suited for a wide range of commercial uses including retail, medical, service/professional and much more.
Included in a purchase are rough plans of a ±24,353 SF mixed-use retail/warehouse style building, well-suited for grocery, markets, or any kind of service or professional business.
While the Site lends itself well to a building of this size and layout, the lot could easily suit other kinds of developments. This is an ideal site for a single or multi-tenant retail development, which can beneift significantly from the recent completion of the rear driveway providing access to Avenue G to the north and its signalized intersection.
Additionally, the Seller will consider build-to-suit proposals for qualified users - terms are to be negotiated. Contact listing brokers for more info.
The surrounding area is a mixture of commercial businesses along Highway 62 including Goodwill, Rogue Credit Union (local bank), Les Schwab Tire, GO Car Wash, and several other gas and convenience stores.
Directly to the east, there are many established single-family residential neighborhoods
Prospective buyers should note that the Site is located within a federally designated Opportunity Zone, potentially providing significant development incentives.
Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information!
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.05 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | GC - General Commercial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.05 AC |
| Opportunity Zone |
Yes |
| Zoning | GC - General Commercial |
1 Lot Available
Lot
| Price | $1,297,349 CAD | Lot Size | 2.05 AC |
| Price Per AC | $632,852.94 CAD |
| Price | $1,297,349 CAD |
| Price Per AC | $632,852.94 CAD |
| Lot Size | 2.05 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $233,072 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$233,072 CAD
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