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.
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0BEDS
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0.69ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
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.
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