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Fenced Flex Space with Shop
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169 Oak Grove Rd #2, Medford, OR 97501

Secure commercial facility with a clear-span shop, separate storage bay, roll-up doors, and truck-accessible concrete apron.

Property Size2,250 SF
Price / SF$0.75
Days on Market85

Property Features for 169 Oak Grove Rd #2

General Information

Standard status Active
Size 2,250 SF
Property subtype Commercial
Zoning Heavy Commercial

Warehouse & Industrial

Clear Span Yes
Power 200 amps

Additional Details

Fenced Yard Yes

Building Details

Building Size 2,250 SF
Listing Agency: Sunriver Realty
Listed By: Strategic Realty, LLC
Source: Movetobend
Added: Aug 9 Changed: Oct 31 Last Checked: Nov 1 at 5:12AM

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 Sunriver Realty

Rey
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Investment Insights

Based on property information with market context.

This flex property combines an 1,824-square-foot clear-span shop with a separate 456-square-foot storage bay. The shop includes two roll-up doors, insulated construction, 200-amp electrical service, gas forced-air heat, a hot water heater, restroom, and office/storage area. The additional bay has its own roll-up door for inventory or equipment storage.

A broad concrete apron supports truck, trailer, and delivery access. The property is fully fenced, providing a defined and secure operating area. Located at 169 Oak Grove Rd #2 in Medford, Oregon, the building is zoned Heavy Commercial and offers a combination of shop, storage, and office functionality.

Key Highlights

  • 1,824‑square‑foot clear‑span shop with two roll‑up doors
  • Separate 456‑square‑foot storage bay with dedicated roll‑up door
  • 200‑amp electrical service and gas forced‑air heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,542
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,840 $290.8K
Cap Rate 7%
$207,743 $207.7K
Cap Rate 9%
$161,578 $161.6K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$21.6K $9.48/SF
− Vacancy
−$841 −$0.37/SF
EGI
$20.8K $9.11/SF
− OpEx
−$6.2K −$2.73/SF
NOI
$14.5K $6.38/SF
Area
Jackson County, OR
Vacancy
3.89%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,840
Cap Rate 7%
$207,743
Cap Rate 9%
$161,578

Alternative Uses

Best Use
Flex RnD
$296.9K
$259.8K – $346.4K (±1% cap)
NOI $20,785 @ 7.0% cap · market cap 1,215.50%
Second Best
Warehouse
$252.3K
$220.7K – $294.3K (±1% cap)
NOI $17,658 @ 7.0% cap · market cap 1,032.63%
Theoretical Best
Office A
$550.3K
$481.5K – $642.1K (±1% cap)
NOI $38,523 @ 7.0% cap · market cap 2,252.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Auto Parts Store Spa & Massage Center Skin Care Clinic

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97501, OR

47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Secure commercial facility with a clear-span shop, separate storage bay, roll-up doors, and truck-accessible concrete apron.
Where is this flex space located?
The property is located at 169 Oak Grove Rd #2 Medford, OR.
What are key features of this property?
This property features: 1,824‑square‑foot clear‑span shop with two roll‑up doors; Separate 456‑square‑foot storage bay with dedicated roll‑up door; 200‑amp electrical service and gas forced‑air heat
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