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Commercial Land at Signalized Intersection
For Sale
$2,711,000
Pending

2131 Owen Dr, Medford, OR 97504

Commercial land within a planned development offering highway access and multiple transaction structures.

Property SizeContact for details
Days on Market818

Property Features for 2131 Owen Dr

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $27,363
Listing Agency: Pulver and Leever Real Estate
Listed By: Frank J Pulver · License #OR 780200698
Source: Exprealty
Added: Jul 25, 2024 Changed: Oct 20 Last Checked: Oct 19 at 8:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pulver and Leever Real Estate

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Investment Insights

Based on property information with market context.

Commercial land within the Tower Business Park PUD, where the parcels allow commercial uses. The property includes five lots in the Tower Retail Center Subdivision, with the option to pursue an individual lot, land lease, or build-to-suit arrangement for an approved tenant. Proposed uses remain subject to owner approval.

The site fronts Highway 62 and is positioned at the signalized meeting point of Crater Lake Highway and Owen Drive. Access from Crater Lake Highway has been constructed, and a shared driveway serves the five-lot subdivision. The property is located at 2131 Owen Dr, Medford, Oregon 97504.

Key Highlights

  • Highway 62 frontage at the signalized Crater Lake Highway and Owen Drive intersection
  • Five commercial lots within the Tower Business Park PUD
  • Commercial uses allowed on the parcels

Property Analytics

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Suggested Use

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Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 97504, OR

49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land within a planned development offering highway access and multiple transaction structures.
Where is this commercial land located?
The property is located at 2131 Owen Dr Medford, OR.
What is the asking price?
The asking price for this property is $2,711,000.
What are key features of this property?
This property features: Highway 62 frontage at the signalized Crater Lake Highway and Owen Drive intersection; Five commercial lots within the Tower Business Park PUD; Commercial uses allowed on the parcels
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