For Sale
$500,000

10980 Highway 62 Eagle Point, OR 97524

1.71 Acres, High Traffic, C-1 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 1.71-acre commercial land parcel presents a prime investment opportunity in Eagle Point, Oregon. Located at 10980 Highway 62, this property boasts 74,488 square feet of developable land zoned C-1, allowing for a variety of uses including retail, commercial, mixed-use, and multifamily developments. The asking price is $500,000, translating to $6.71 per square foot. The site benefits from an existing curb cut providing convenient access to the heavily trafficked Crater Lake Highway (approximately 15,000 cars daily), ensuring excellent visibility for any future development. The flat topography simplifies construction and site preparation. This location offers strong demographics, with 24,028 residents within a 5-mile radius and an average household income of $75,922 in the trade zone (median household income is $55,641). The property's strategic position across the highway from a Walmart Super Center further enhances its appeal and potential for high foot traffic and customer accessibility. This is a rare opportunity to acquire a well-located, sizable commercial parcel in a growing area with significant development potential. The property's zoning and location make it ideal for a wide range of commercial ventures. Don't miss this chance to secure a valuable asset in a thriving market. The zip code is 97524, and the property is situated in Jackson County.

Highlights

  • $500,000 asking price for 1.71 acres of commercial land.
  • 74,488 square feet, priced at $6.71 per square foot.
  • C-1 zoning allows retail, commercial, mixed-use, and multifamily development.
  • High visibility lot with easy highway access, situated on a major thoroughfare with high daily traffic counts.
  • Strong demographics with high average and median household incomes in the surrounding area, and proximity to a Walmart Supercenter.

Property Details for 10980 Highway 62

Property type
Land
Square Feet
74,488 SF
Lot Size (sq. ft)
74,488 SF

Location Insight

City
Eagle Point
County
Jackson
State
Oregon
Latitude
42.470554
Longitude
-122.811126
10980 Highway 62, Eagle Point, Oregon

FAQs

What type of property is this?
Land - 1.71 Acres, High Traffic, C-1 Zoning
Where is the land located?
The property is located at 10980 Highway 62 Eagle Point, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: $500,000 asking price for 1.71 acres of commercial land.; 74,488 square feet, priced at $6.71 per square foot.; C-1 zoning allows retail, commercial, mixed-use, and multifamily development.
How can I contact the broker?
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10980 Highway 62
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