2305 Ashland StAshland, OR 97520
- Retail properties
- 8,760 SF
Property Details for 2305 Ashland St
- Lot size
- 0.77 AC
- Property size (Sq ft)
- 8,760 SF
- Zone code
- C-1
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 1-0807878
- APU
- 10807878
Description
Tolman Creek Plaza, located at 2305 Ashland St, Ashland, OR 97520, presents a unique opportunity for businesses seeking a prime retail location. This Class A, single-story building, totaling 8,760 square feet, underwent a complete renovation in 2023, boasting modern amenities and a fresh aesthetic. Currently, there are multiple tenancies available, with 2,668 square feet immediately available and additional space potentially available. The property sits on a 0.77-acre lot and offers ample parking for customers and employees. Built in 1991 and extensively remodeled in 2022-2023 to meet the standards of a national chain, the property features ADA-compliant restrooms and outdoor seating. The space includes a large walk-in cooler, ideal for restaurants or businesses requiring cold storage. The property is zoned for commercial use and is situated in a vibrant submarket encompassing office, restaurant, retail, and medical uses, ensuring high visibility and foot traffic. The cross street is Tolman Creek, providing excellent access and convenient location within Ashland, Oregon. This is an exceptional opportunity to establish or expand your business in a thriving community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,538,104
- 6.5%
- $2,342,865
- 7%
- $2,175,518
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,656,328
- Geo Method
- $5,656,328
-
Alternative Use
- Use
- Valuation
- Residential
- $1,976,294
- Hospitality
- $1,810,275
- Educational
- $1,506,127
- Medical
- $1,557,926
- Retail
- $2,342,865
Location Insight
- City
- Ashland
- County
- Jackson
- State
- Oregon
- Latitude
- 42.1856
- Longitude
- -122.671
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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