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    1228 Corona Ave Medford, OR 97504

    For Sale
    $599,000

    Commercial - Medford, OR

    Lot size:
    0.89 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 1228 Corona Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-S/P
    APN
    10326273
    Lot size
    0.89 Acres

    Building Details

    Architectural style
    Other

    Windermere Van Vleet & Associates (541) 482-3786 [email protected]

    Listing agent Michael Bauer (541) 779-6520 License #910800068

    Listing date Aug 7, 2025

    MLS# 220207293 Listing URL

    Copyright © 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medford Commercial Development Opportunity

    This commercial development property is zoned C-S/P, allowing for office space or multi-family residential development with a density of 30 units per acre. The 0.89-acre lot is situated in a desirable area of Medford, with convenient access to shopping, healthcare facilities, parks, and schools. The surrounding properties on McAndrews Road primarily consist of office spaces. An existing 1176-square-foot home is located on the property, offering potential income generation prior to development. The value is primarily attributed to the land itself, making it a prime opportunity for commercial or residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.86393
    Latitude
    42.342061

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    FAQs

    What type of property is this?
    Commercial land - Commercial land for development in a desirable Medford location.
    Where is this commercial land located?
    The property is located at 1228 Corona Ave Medford, OR.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime commercial development property.; - Zoned C-S/P allowing for office space or MFR 30 multi-family development.; - Desirable location with proximity to shopping, health care, parks, and schools.
    (541) 779-6520
    Request Owner's contact information
    1228 Corona Ave Medford, OR 97504
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    Medford, OR 97504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1228 Corona Ave Medford, OR 97504
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