For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medford Industrial Property with Expansion Title is generated by Realmo AI

    1343 E Justice Rd, Central Point, OR 97502

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Industrial property in Medford with main and secondary buildings.

    Type:Industrial
    Property size:
    5,500 SF
    Price / SF:
    $150/SF
    Added:
    Mar 23, 2026
    Days on Market:
    106
    Last Refresh:
    Mar 25 at 8:48 am

    Property Features for 1343 E Justice Rd

    General Information

    Standard status
    Active
    Size
    5,500 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1996

    We can help!

    Contact an agent
    Adam Antonucci

    Listing office EXP Realty

    Listing date Mar 23, 2026

    Source Crexi

    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 EXP Realty

    HighLights

    • 5,500± sq. ft. total space with a 4,000± sq. ft. main building
    • Newly constructed 1,500± sq. ft. secondary building
    • Versatile space suitable for light industrial, warehouse, or contractor uses
    • Convenient location in Medford's industrial corridor
    • Main building features open floor areas, tall ceilings, and multiple access points
    • Great utility for workspace, storage, and expansion potential

    Overview

    This industrial property, located at 1343 East Justice Rd. in Medford, OR, features a 4,000 square foot main building and a newly constructed 1,500 square foot secondary structure. The property provides flexibility for light industrial, warehouse, or contractor uses, suitable for businesses seeking workspace, storage, and expansion potential. The main building includes open floor areas, tall ceilings, and multiple access points designed for efficient operations. The new building is suited for offices, additional storage, or specialized production space. The property is located in Medford's industrial corridor, offering accessibility and functionality.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $82.5k $15.00
    − Vacancy −$5.4k −$0.98
    EGI $77.1k $14.03
    − OpEx −$27.0k −$4.91
    NOI $50.1k $9.12
    5,500 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $716.3K
    $626.7K – $835.7K (±1% cap)
    NOI $50,139 @ 7.0% cap · market cap 6.08%
    Second Best
    Warehouse
    $608.5K
    $532.4K – $709.9K (±1% cap)
    NOI $42,595 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $92,928 @ 7.0% cap · market cap 11.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Hotel & Motel Pharmacy Food Market Accounting Firm Electronics & Wireless Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Central Point
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8584427
    Latitude
    42.3951225

    FAQs

    What type of property is this?
    Flex space - Industrial property in Medford with main and secondary buildings.
    Where is this flex space located?
    The property is located at 1343 E Justice Rd Central Point, OR.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 5,500± sq. ft. total space with a 4,000± sq. ft. main building; Newly constructed 1,500± sq. ft. secondary building; Versatile space suitable for light industrial, warehouse, or contractor uses
    (458) 229-7044 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message