Great development opportunity at the first major I5 intersection as one arrives from California to Ashland, Oregon. This high-traffic corridor property is perfectly positioned for maximum exposure to tens of thousands of vehicles daily. Potential uses include hotel/lodging, retail, restaurant, or mixed-use development--subject to local zoning approvals. An annexation for the development of a hotel is supported by Economic Data provided in Ashland's Comprehensive Plan and within the economic data provided since last Ashland Comprehensive Plan update. Required for annexation is a zone change from RR-5 to C1. Data and information from City of Ashland should align & justify the development request and address the shortage of adequate retail/commercial in the City. Perfect site for hotel with restaurant and conference facilities or an array of other commercial facilities.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,100,000 | $∞ | Millen Property Group |
Year | Annual Amount | Description |
---|---|---|
2025 | $2,407 |
Elementary School Pinehurst Elementary School | 5.4 miles away | KG - 08 | |
Elementary School Bellview Elementary School | 10.3 miles away | KG - 05 | |
Elementary School Walker Elementary School | 11.4 miles away | KG - 05 |