Flex Space with Roll-Up
New
For Sale
Contact for pricing
5130 Rainbow Dr #102, Medford, OR 97502
A gated, fenced workspace includes a private restroom and gas heating.
Property Size2,500 SF
Days on Market3
Property Features for 5130 Rainbow Dr #102
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Building Details
Year Built
2026
Listing Agency:
Sunriver Realty
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:26PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Newly constructed in 2026, this 2,500-square-foot flex space offers a functional layout for commercial, warehouse, storage, or light industrial use. Building features include a 14-foot roll-up door, 200-amp electrical service, gas heating, and a private restroom. The premises are fenced and gated.
Located on Rainbow Drive, the property offers access to Vilas Road. The space is offered on a modified gross lease.
Located on Rainbow Drive, the property offers access to Vilas Road. The space is offered on a modified gross lease.
Key Highlights
- 2,500 SF flex space, built in 2026
- 14‑foot roll‑up door
- 200‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,945
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,900
$318.9K
Cap Rate 7%
$227,786
$227.8K
Cap Rate 9%
$177,167
$177.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$23.7K $9.48/SF
− Vacancy
−$922 −$0.37/SF
EGI
$22.8K $9.11/SF
− OpEx
−$6.8K −$2.73/SF
NOI
$15.9K $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%
$318,900
Cap Rate 7%
$227,786
Cap Rate 9%
$177,167
Alternative Uses
Best Use
Flex RnD
$325.6K
$284.9K – $379.9K
NOI $22,791 @ 7.0% cap · market cap 2,279,100.00%
Second Best
Warehouse
$276.6K
$242.0K – $322.7K
NOI $19,361 @ 7.0% cap · market cap 1,936,100.00%
Theoretical Best
Office A
$603.4K
$528.0K – $704.0K
NOI $42,240 @ 7.0% cap · market cap 4,224,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97502, OR
29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A gated, fenced workspace includes a private restroom and gas heating.
Where is this flex space located?
The property is located at 5130 Rainbow Dr #102 Medford, OR.
What are key features of this property?
This property features: 2,500 SF flex space, built in 2026; 14‑foot roll‑up door; 200‑amp electrical service
