10980 Highway 62Eagle Point, OR 97524

  • Commercial land
  • 1,320 SF
For Sale
$500,000 View listing

Property Details for 10980 Highway 62

Lot size
1.71 AC
Property size (Sq ft)
1,320 SF
Zone code
C-4
Property type
Commercial land
APN
1-0209056
APU
10209056

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $297,796
    Hospitality
    $272,780
    Educational
    $226,949
    Medical
    $234,755
    Retail
    $353,032

Location Insight

City
Eagle Point
County
Jackson
State
Oregon
Latitude
42.4706
Longitude
-122.811
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
$2,835
$203,360
-
$203,360
-
$223,710
-
$223,710

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