File#: 10056B   

The State of Oregon, through its Department of Transportation, is offering the following property for sale to the public.

For sale: A 1.29 acres (+/-) of bare land, located at the intersection of Crater Lake Highway and Crater Lake Avenue, in Medford Oregon.  This parcel is zoned I-L (Light Industrial).

An appraisal determined the market value to be $591,000 for this property. The State of Oregon will review any reasonable offer but has the right to accept or reject any and all offers. If you are interested in purchasing the property, please submit a bid along with a check for 10% of the bid. If your bid is accepted, the balance of the purchase price is due within 60 days of acceptance unless otherwise noted in your offer. Property is to be sold "As Is." No faxed or electronic bids can be accepted.

1. Top of first page: Bid, deposit, and balance due amounts;
2. Middle of second page: Deposit and balance due amount;
3. Bottom of fourth page: Full legal name(s) of person(s) or entity submitting the bid (this is the name to be used in the deed); and signature, mailing address, and phone # of bidder(s).     
                                     

1. Top of first page: Bid, deposit, and balance due amounts;
2. Middle of second page: Deposit and balance due amount;
3. Bottom of fourth page: Full legal name(s) of person(s) or entity submitting the bid (this is the name to be used in the deed); and signature, mailing address, and phone # of bidder(s).

Sale Price: $163,099
File: 37065

The subject property is a timbered parcel of land that contains 40.83 acres, more or less, located approximately 1 mile north of Azalea, near milepost 89, in Douglas County.  Parcels are located on the east and west sides of Pacific Highway, I-5. The subject property is identified to be located in the N 1/2NE1/4 of Section 11, T32S, R5W, tax lot 300, 13.49 acres; and the NE1/4 Section of 11, T32S, R5W, tax lot 101, 27.34 acres.   
 
The timber stand is comprised primarily of Douglas Fir with small portions of Grand Fir, Incense Cedar, Western Hemlock, and Ponderosa Pine. In accordance to the Oregon Forest Practice Act, a scenic buffer must be retained along the highway. Access is completely restricted to the Pacific Highway, I-5. The State of Oregon does not guarantee access to the property. Easements, if needed, will be solely negotiated and obtained by the purchaser. Property is to be sold "As Is" and is subject to all sale conditions as noted in the BID FORM AND SALES AGREEMENT.