2305 Ashland StAshland, OR 97520

  • Retail properties
  • 8,760 SF
For Lease
$28.80/SF/YR View listing

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
2305 Ashland St, Ashland, Oregon

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,211
$590,940
$679,180
$1,270,120
-
$949,080
$848,790
$1,797,870

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