Scott King / Principal Broker
(541) 890-6708
Caspian Hoehne / Broker
(541) 944-9967
Offering is a fee simple interest in commercial development land in Central Point, OR.
Merit Commercial Real Estate, as exclusive representation, is pleased to present 0 Boulder Ridge Street, a compelling opportunity to control the last commercial development site in the extremely desirable Twin Creeks neighborhood.
Twin Creeks is a relatively new master planned community in beautiful Central Point. Spanning approximately 200 acres, Twin Creeks is a Transit Oriented Development ("TOD"), a district used by Central Point to promote efficient and sustainable development and increased use of public transit. The community has proven itself as one of the most desirable neighborhoods in Southern Oregon, and features multiple parks, single family residential, market-rate multifamily, senior living, education, and small retail.
The property itself consists of one parcel with level topography, approximately 1.78-acres in size, zoned Employment Commercial. Sited within easy walking distance to everything Twin Creeks has to offer, the subject property is the last parcel in Twin Creeks that would allow a true commercial use. Possible uses of the subject property are flexible, but the site lends itself to medical office, mixed-use, restaurant, entertainment/light retail, or similar uses.
The subject property is walking distance to 650+ existing single-family homes and 650+ existing and future multifamily/senior units within Twin Creeks proper.
Overall, 0 Boulder Ridge Street is an attractive opportunity to unlock significant value from both an extremely desirable neighborhood and the proven, stable sub-market of Central Point.
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.
This offering memorandum is intended for only the party receiving it from Merit Commercial Real Estate (hereinafter referred to as the "MCRE"), and should not be made available to any other reviewing entity without the prior written consent of MCRE. All information included in this offering memorandum has been obtained from sources deemed reliable, however, Owner, MCRE, 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.