I-5 Freeway Interchange Property at Curtin, Oregon
This property consists of approximately ten acres at the east side of the Interstate Five Exit 163 at Curtin, Oregon, about thirty miles south of Eugene. There is easy, level and highly visible access to both directions of the freeway. The property fronts the north side of Bear Creek Road, a fully paved, improved and maintained Douglas County road.
The Oregon Department of Transportation (ODOT) reports that every day some 23,200 vehicles traveling Interstate Five are exposed to this property immediately next to the highway (look for page 30 on the ODOT report for the Curtin Exit 163 data). There are four large existing signs readily visible from the highway. There is tremendous value in this property's highly visible profile.
The property is in three tax parcels and is located in a favorable commercial location. Fronting the county road there are two tax parcels and a portion of the third comprising 1.75 acres, more or less, which are flat, highly visible, zoned Rural Community Commercial (CRC) and the first property off Interstate Five. The site has been in the past a successful restaurant, gas station and post office. The two concrete-block and frame buildings are substantial but in an advanced state of disrepair. There is a private well which state records indicate produced 10 gallons per minute when it was drilled and with available treatment produces adequate potable domestic water. An existing septic system is available on the adjoining larger parcel. There is plenty of on-site, illuminated signage. We understand the subterranean fuel tanks have been removed many years ago, and we are in possession of a "No Further Action" letter from the Department of Environmental Quality. Highest and best uses include a gas station, convenience store, restaurant, trucking location and attendant highway uses. These uses are all permitted by the existing zoning designation.
The balance of the land, about 8.25 acres, is in forested hillside. There is considerable but uncalculated merchantable timber value. The existing septic system which serves the commercial buildings is located on this larger parcel. This parcel is zoned Rural Residential (5R) and allows a single-family residence to be developed.
Offered in its entirety at $499,000.00, the price works out to be about $1.14 per square foot calculated over the entire property. The owner will carry with a substantial down payment. Trades will be considered, as will leases and build-to-suit scenarios. Courtesy is extended to brokers. PRINT OUT A PACKAGE
|DIRECTIONS AND GOOGLE MAP|
|AERIAL MAP OF 9.32-ACRE PARCEL|
|ANIMATED VIDEO FLY-AROUND|
|PHOTOS OF THE SITE|
|DEQ MAP (shows this property is NOT on their bad environmental sites map of the area) DEQ MAP LISTING DEQ MAP 2|
|RESIDENTIAL (5R) ZONING ORDINANCE|
|ODOT TRAFFIC COUNT 2007 (PAGE 2)|
|RECORDED SURVEYS NEIGHBORS|
|PHOTOS FROM THE FREEWAY 1 2 3 4 5|
The information included here, its attachments and its accompanying files and documents are deemed to be accurate but cannot be guaranteed. The owners and agents advise you to inspect the property and all available information and to obtain competent legal and other professional advice before investing in this or any real estate related investment.