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Portfolio OM Revised 3-26.pdfMerit Commercial Real Estate and Martin Outdoor Property Group have been exclusively retained to market for sale a large development land portfolio in Southern Oregon. The portfolio represents a generational opportunity to purchase decades worth of development land supply in a rapidly growing market. The portfolio offers a balanced mix of residential, commercial/multifamily, and possibly industrially zoned land, all with prime locations and visibility.
Kings Highway, currently under PUD review, offers a developer the shortest timeline to breaking ground. Nicknamed "South Stage Park East", the development is planned to be a vibrant walk-able, high-density community across ± 15.79-acres. Available as a standalone site or alongside the adjacent commercial site.
Allowing for either commercial, multifamily, or mixed-use development, the Kings Highway commercial offering is ± 8.70 acres and ties well into the plan for the area.
Less than a mile to the west, the Orchard Home Drive development offers a mix of residential and commercial ground. On 19.21 acres, the Orchard Home Drive residential offering allows for a well-designed single-family subdivision in a convenient location with minimal off-sites and utility costs.
Adjacent to the west, fronting onto Orchard Home Drive, the Orchard Home commercial offering is sited well for a multifamily or mixed-use product. Both offerings are available on their own or as a package.
Overlooking the beautiful Rogue Valley, The Ridge at Highlands allows a developer to step into a high-end single-family development at scale in one of the most desirable neighborhoods in Southern Oregon. Sited on almost 38 acres, this residential development site is prime ground for luxury view lots, while being just minutes to every convenience.
Finally, farther south, just outside the City limits of Talent, Oregon, the South Pacific Highway offering may fill the gap of much needed Light Industrial ground. Currently zoned EFU, a developer has great flexibility to propose the best uses for the site. While the existing plan encourages a new Industrial zoning, the site may be a fit for a much needed affordable multifamily product.
Buyer to do all due diligence regarding the requirements and associated costs of development (including but not limited to applications, permits, improved access, required offsites, utility availability and extension, etc.). Please note that any density/configuration is subject to final approval.
(#1) Kings Highway
Welcome to the Kings Highway offering, an opportunity for residential and commercial development with great scale. Located in the growing City of Medford, this recently annexed property is positioned to allow a developer to move quickly, with the PUD approval set to be completed within 3-4 months.
(#2) Orchard Home Drive
Welcome to the Orchard Home Drive development, an amazing opportunity for both residential and commercial development. Having been added to the UGB in 2020, this property is one of only a handful of available development pieces in the Medford MSA.
(#3) The Ridge at Highlands
Introducing The Ridge at Highlands - a stunning, high-end residential development offering in one of the most desirable neighborhoods of the rapidly growing Medford MSA. This prime piece of residential development ground offers a developer supply of a proven, high-end single-family product for multiple years.
(#4) South Pacific Highway
Welcome to South Pacific Highway, a unique opportunity for the discerning buyer. Located just North of the city limits of Talent and just 6 miles from the "Top 10 Best Small Art Towns in the US" finalist Town of Ashland, this property is well-positioned in the urban reserve for the community's needs.
Disclosure
Disclosure
Disclosure: This offering memorandum is intended for only the party receiving it from Merit Commercial Real Estate and/or Martin Outdoor Property Group (hereinafter referred to as the "Listing Offices"), and should not be made available to any other reviewing entity without the prior written consent of the Listing Offices. All information included in this offering memorandum has been obtained from sources deemed reliable, however, Owner, the Listing Offices, and/or their representatives make no representations or warranties, expressed or implied, as to the accuracy of the information, and makes no warranty or representation into the exact state of the property, the presence of contaminating substances, PCB's or asbestos, the property or owner's compliance with State and Federal regulations, or the physical condition of any improvements on the property. The recipient of this document must independently verify the information and assumes any and all risk for inaccuracies contained herein. The information contained in this offering memorandum is not a substitute for a thorough due diligence investigation.
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