Warehouse with Office and Flex
For Sale
$1,350,000
3100 Merriman Road, Medford, OR 97501
Versatile warehouse with office reception, private offices, flex room, mezzanine storage, and ample on-site parking.
Property Size10,000 SF
Price / SF$135
Days on Market287
Property Features for 3100 Merriman Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1993
Listing Agency:
Old Stage Real Estate, LLC
(541) 821-2938
Listed By:
Jeanne M Freel · License #970200125
(541) 821-2938
Source:
Allprofessionalsre
Added: Oct 20, 2025
Changed: Jul 25
Last Checked: Aug 1 at 12:35PM
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 Old Stage Real Estate, LLC
Investment Insights
Based on property information with market context.
For sale is a 10,000 SF warehouse located within Medford city limits, offering a practical mix of office, warehouse, and flex space. The building includes a reception area, private offices, a break room, three bathrooms, mezzanine storage, and a flex room that can support showroom or conference-type use.
The property provides easy access by car and public transit, with ample on-site parking. It is located near Northgate Marketplace and the North Medford I-5 interchange, and offers direct connectivity to Interstate 5 for distribution throughout the Rogue Valley and Southern Oregon.
Overall, the layout is designed to support both storage and functional workplace/meeting space within one facility, making it a strong fit for an owner-user or investor looking for an industrial asset in Medford.
The property provides easy access by car and public transit, with ample on-site parking. It is located near Northgate Marketplace and the North Medford I-5 interchange, and offers direct connectivity to Interstate 5 for distribution throughout the Rogue Valley and Southern Oregon.
Overall, the layout is designed to support both storage and functional workplace/meeting space within one facility, making it a strong fit for an owner-user or investor looking for an industrial asset in Medford.
Key Highlights
- 10,000 SF warehouse within Medford city limits, built in 1993
- Includes office + warehouse + flex space with reception area, private offices, and break room
- Three bathrooms plus flex room suited for showroom or conference use
Financial Insights For Office B
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 | $192.0k | $19.20 |
| − Vacancy | −$28.8k | −$2.88 |
| EGI | $163.2k | $16.32 |
| − OpEx | −$40.8k | −$4.08 |
| NOI | $122.4k | $12.24 |
10,000 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,400 @ 7.0% cap · market cap 9.07%
Second Best
Flex RnD
$1.30M
$1.14M – $1.52M
NOI $91,163 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$2.41M
$2.11M – $2.82M
NOI $168,960 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kaylins Kitchen Catering LLC — 2630 Wyatt Dr, Medford, OR 97501
Frequently Asked Questions
What type of property is this?
Flex space - Versatile warehouse with office reception, private offices, flex room, mezzanine storage, and ample on-site parking.
Where is this flex space located?
The property is located at 3100 Merriman Road Medford, OR.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10,000 SF warehouse within Medford city limits, built in 1993; Includes office + warehouse + flex space with reception area, private offices, and break room; Three bathrooms plus flex room suited for showroom or conference use
