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$ 725,000
Est. payment /mo
Pending
1175 Royal AVE Medford, OR 97504
9,163 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 9,163 sqft
Price per Sqft $79
MLS Listing ID 220214370
Year Built 1979
Annual Tax Amount $22,060
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 0.69
Property Description
Prime commercial development lot located on the busy corner of East McAndrews Road and Royal Avenue in Medford. This approximately 0.69 Acre property is at a signalized intersection in the heart of one of Medford's premier medical and business districts. Combined traffic counts of over 28,000 ADT per 2018 City of Medford Traffic Volumes map. There is an existing building on the property that is assumed by Seller to be of no value. Buyer to do all of its own due diligence related to the building condition, potential demolition, redevelopment costs, SDC credits, etc. Also available is adjacent bordering property at 1085 Royal Court, which is approx.. 1.05 Acres with a 2,500 SF building.
Location
State OR
County Jackson
Direction Located on the SW corner of East McAndrews Road and Royal Avenue.
Interior
Heating None
Cooling None
Exterior
Parking Features Asphalt
Roof Type Membrane
Building
Foundation Concrete Perimeter
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID 10589750
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Pulver and Leever Real Estate