Mixed-Use
East Medford Town Center Development
3285 Hillcrest Rd, Medford, OR 97504
Listing Price: $18,000,000
Investment Overview
Located in the heart of Medford, Oregon, lies a 43.85-acre canvas of opportunity. This expansive site is primed for transformation into a dynamic retail, commercial, and mixed-use development that will redefine the local landscape.
Development Potential
The property offers a comprehensive development opportunity, featuring a total building square footage of 1,323,500 square feet, broken down as follows:
• Commercial/Retail GSF: 546,000 square feet
• Office GSF: 665,000 square feet
• Residential GSF: 112,500 square feet, comprising 112 residential units
• Parking: 1,755 stalls strategically designed for convenience and accessibility
Strategic Location
Situated across from Southern Oregon’s premier country club and golf course and along a prominent arterial road, the site boasts unparalleled visibility and accessibility. Its location in East Medford ensures proximity to affluent neighborhoods and high-traffic corridors, with over 11,870 ADT on North Foothill Road and 5,900 ADT on Hillcrest Road.
Flexible Zoning and Entitlements
Recently rezoned and approved by Jackson County and the City of Medford in 2023, the property’s C-C and C-S/P zoning classifications provide flexibility for retail, commercial, and medical uses, as well as high-density residential components. Entitlements are in place to streamline development and construction processes.
Key Features
• Unmatched Visibility: High traffic counts and proximity to established commercial centers
• Vast Acreage: Generous buildable space for a range of uses
• Customizable Design: Freedom to create a cohesive mixed-use community blending retail, office, and residential elements
• Community Integration: Opportunity to incorporate green spaces, plazas, and pedestrian-friendly features, fostering a vibrant community hub
This vacant 43.85-acre site offers an extraordinary chance for developers to create a premier destination that caters to both local and regional demands. With its strategic location, ample space, and diverse zoning potential, it stands ready to become a cornerstone of Medford’s growth and economic vibrancy.
East Medford Town Center Development
Investment Highlights
- Permit-Ready with Studies. Backed by the Dec 2024 Neighborhood Design Manual, Feasibility & Development Study by OTAK, and City of Medford zoning approvals, the site is permit-ready.
- Prime Location. Located in Medford's affluent area, this 43.85-acre site offers prime visibility and accessibility along a major arterial road for commercial and residential uses.
- Vast Development Potential. 1,323,500 buildable SF: 546,000 SF retail, 665,000 SF office, 112,500 SF residential (112 units), and 1,755 parking stalls integrated into the master plan.
- Flexible Zoning. Zoned C-C and C-S/P, the site supports mixed-use projects, including retail, medical offices, restaurants, and residential components.
- Transformative Development Potential. Vacant and unobstructed, the site offers developers freedom to design a landmark mixed-use project, driving growth and reshaping Medford's commercial landscape.
- Strategic Visibility. High traffic counts (11,870 ADT on North Foothill Rd, 5,900 ADT on Hillcrest Rd) and proximity to commercial centers ensure maximum exposure.
- Community-Focused Design. Expansive acreage supports plazas, green spaces, and pedestrian-friendly areas, creating vibrant community gathering spots.
- Scalable Parking Solutions. 1,755 parking stalls ensure ample capacity for shoppers, residents, and office workers, promoting convenience and accessibility.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $18,000,000
Investment Highlights
- Permit-Ready with Studies. Backed by the Dec 2024 Neighborhood Design Manual, Feasibility & Development Study by OTAK, and City of Medford zoning approvals, the site is permit-ready.
- Prime Location. Located in Medford's affluent area, this 43.85-acre site offers prime visibility and accessibility along a major arterial road for commercial and residential uses.
- Vast Development Potential. 1,323,500 buildable SF: 546,000 SF retail, 665,000 SF office, 112,500 SF residential (112 units), and 1,755 parking stalls integrated into the master plan.
- Flexible Zoning. Zoned C-C and C-S/P, the site supports mixed-use projects, including retail, medical offices, restaurants, and residential components.
- Transformative Development Potential. Vacant and unobstructed, the site offers developers freedom to design a landmark mixed-use project, driving growth and reshaping Medford's commercial landscape.
- Strategic Visibility. High traffic counts (11,870 ADT on North Foothill Rd, 5,900 ADT on Hillcrest Rd) and proximity to commercial centers ensure maximum exposure.
- Community-Focused Design. Expansive acreage supports plazas, green spaces, and pedestrian-friendly areas, creating vibrant community gathering spots.
- Scalable Parking Solutions. 1,755 parking stalls ensure ample capacity for shoppers, residents, and office workers, promoting convenience and accessibility.
Investment Overview
Located in the heart of Medford, Oregon, lies a 43.85-acre canvas of opportunity. This expansive site is primed for transformation into a dynamic retail, commercial, and mixed-use development that will redefine the local landscape. Development Potential The property offers a comprehensive development opportunity, featuring a total building square footage of 1,323,500 square feet, broken down as follows: • Commercial/Retail GSF: 546,000 square feet • Office GSF: 665,000 square feet • Residential GSF: 112,500 square feet, comprising 112 residential units • Parking: 1,755 stalls strategically designed for convenience and accessibility Strategic Location Situated across from Southern Oregon’s premier country club and golf course and along a prominent arterial road, the site boasts unparalleled visibility and accessibility. Its location in East Medford ensures proximity to affluent neighborhoods and high-traffic corridors, with over 11,870 ADT on North Foothill Road and 5,900 ADT on Hillcrest Road. Flexible Zoning and Entitlements Recently rezoned and approved by Jackson County and the City of Medford in 2023, the property’s C-C and C-S/P zoning classifications provide flexibility for retail, commercial, and medical uses, as well as high-density residential components. Entitlements are in place to streamline development and construction processes. Key Features • Unmatched Visibility: High traffic counts and proximity to established commercial centers • Vast Acreage: Generous buildable space for a range of uses • Customizable Design: Freedom to create a cohesive mixed-use community blending retail, office, and residential elements • Community Integration: Opportunity to incorporate green spaces, plazas, and pedestrian-friendly features, fostering a vibrant community hub This vacant 43.85-acre site offers an extraordinary chance for developers to create a premier destination that caters to both local and regional demands. With its strategic location, ample space, and diverse zoning potential, it stands ready to become a cornerstone of Medford’s growth and economic vibrancy.
Exclusively Listed By
Broker of Record
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
