640 Tolman Creek RdAshland, OR 97520

  • Distribution centers
  • 32,652 SF
For Sale
$4,335,000 View listing

Property Details for 640 Tolman Creek Rd

Year built
1972
Lot size
1.46 AC
Property size (Sq ft)
32,652 SF
Zone code
E-1
Property type
Distribution centers
APN
1-0080891
APU
10080891

Description

This exceptional 37,640 square foot warehouse/flex/distribution facility is situated on a highly visible 1.46-acre corner lot in Ashland, Oregon. The property boasts E-1 zoning, conveniently located within the Transit Triangle Overlay, permitting a blend of residential and commercial uses. The building itself features significant upgrades, including an enhanced power supply, a state-of-the-art Viking sprinkler system, energy-efficient motion sensor LEDs, and a comprehensive security system already in place. The meticulous maintenance and pride of ownership are readily apparent throughout the property. A lease option is available at a rate of $0.75 per square foot, modified gross. This presents a unique opportunity for businesses seeking a versatile and well-maintained space. Furthermore, an adjacent 3.64-acre development site is also available for purchase, offering potential for expansion or synergistic development. This property's combination of size, location, and modern amenities makes it an ideal choice for a variety of commercial enterprises. The strategic corner lot ensures exceptional visibility and convenient access, while the upgraded infrastructure minimizes operational costs and maximizes efficiency. Don't miss this chance to acquire a premier commercial property in a thriving Oregon community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,366,430
    Hospitality
    $6,747,610
    Educational
    $5,613,933
    Medical
    $5,807,004
    Retail
    $8,732,785

Location Insight

City
Ashland
County
Jackson
State
Oregon
Latitude
42.1831
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
$18,744
$314,394
$863,549
$1,177,943
-
$667,770
$1,018,300
$1,686,070

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