Property Highlights• Located at I-5 near Garfield/Belknap Road

• At Center Drive just south of Garfield Street

• Nearly Flat and at Grade

• Potential for variety of mixed uses: Retail, office, hospitality (motel/hotel), residential (care, assisted living, other), multi-family

• Sale price $6,400,000

Jack H. Gallagher III MCNE

Associate Vice President+1 503 542 5887Portland, Oregon jack.gallagher@colliers.com

EXCEPTIONAL LAND PARCEL FOR SALE > APPROX. 11.28 ACRES

Medford, OregonCENTER DRIVE AND GARFIELD ROAD MEDFORD, OREGON 97501

COLLIERS INTERNATIONAL851 SW Sixth AvenueSuite 1200Portland, Oregon 97204www.colliers.com

Tom DechenneAssociate Vice President+1 503 542 5878Portland, Oregon tom.dechenne@colliers.com

SITE

Medford Sports Park

Stewart Meadows Golf Course

Centennial Golf Club

Asante Rogue Regional Medical

Center

SITE

NORTH

To P

ortla

nd

Rogue Valley Manor

Pacific Power

Medford

Ashland

Grants Pass

Medford

To California

Garfi

eld

St.

Under Development

Jack H. Gallagher III MCNE

Associate Vice President+1 503 542 5887Portland, Oregon jack.gallagher@colliers.com

Medford, Oregon Land For Sale

3 Miles 5 Miles 10 MilesPopulation (2017) 70,578 103,904 154,863

Population(5 Yr Forecast) 75,935 111,997 167,324

Median HH Income $42,192 $43,947 $45,697

Households 28,123 40,634 59,933Number of Businesses 1,799 3,249 4,475

Number of Employees 29,683 49,873 60,878

Demographics

Tom DechenneAssociate Vice President+1 503 542 5878Portland, Oregon tom.dechenne@colliers.com

Center Drive looking North to Garfield Street Intersection

Zoning Plan

Upon achieving an “up zone” from residential to commerical (CR likely) potential uses would be:

Retail Office

Service Hospitality

Residential Care (Assisted Living, etc.)

Multi-Family (high density)

Height Allowances: Up to 85’ depending on property line setbacks, etc.

Garfield Street

Center Drive

COLLIERS INTERNATIONAL851 SW Sixth AvenueSuite 1200Portland, Oregon 97204www.colliers.com

Superb Opportunity > 11.28 Acres - Medford, OR Land

Estimated Traffic Counts:

Interstate 5 @ Garfield St. ± 37,840 ADT

Center Drive @ Garfield St. ± 25,200 ADT

Rogue Valley Hwy 99 @ Garfield St. ± 21,500 ADT

© 2012-2017 Digital Map Products. All rights reserved. 1

78 feet

Garfi

eld

St.

Center Dr.

SITE

11.28 Acres, Medford, OR

Public transit at Garfield Street and Center Drive close by

Convenient & major users nearby:

• Walmart

• Fred Meyer

• Harbor Freight Tools

• Les Schwab

• Planet Fitness

• Rogue Credit Union

• Starbucks

• Panda Express

• Cracker Barrel Restaurant

• Staples

• Winco Foods

• Rogue Regional Medical Center

• Hilton Garden Inn

• Spring Hill Suites

• Town Place by Marriott

• Walgreens

Sale Price: $6,400,000

Spring Hill Suites

Town Place Marriott Under

Development

37,840 ADT

21,500 ADT

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved.

FOR SALE > VACANT MEDFORD COMMERCIAL* LAND

11.28 ACRESCENTER DRIVE AND GARFIELD ROAD MEDFORD, OREGON 97501

SITE

NORTH• Easy access to I-5 and Hwy 99

• Nearly flat, ready to develop

• *Zoning: Presently zoned single family residential, but City encourages Commercial Zone change. Call for details

• Excellent location for mix of commerical/retail, office, hotel, assisted living/care facilities, multi-family, service...

• Sale price: $6.4 million

Looking across site from south to north. Flat with great access.

Town Place Marriott Hotel at Garfield/Center Dr.

Adjacent new development at Garfield and Center Drive to open Fall 2018.

Major Users Nearby:• Walmart• Fred Meyer• Marriott Town Place Hotel• Spring Hill Suites by Mariott• Rogue Federal Credit Union• Harry and David’s Headquarters

• Asante Rogue Medical Facility

Medford

Retail RetailHotel

Rogue Valley Mall