Flex Space with Attached
For Sale
Contact for pricing
546 Business Park Dr, Medford, OR 97504
Light Industrial zoning supports office, service, storage, and operational functions within a gated, fenced site.
Property Size3,610 SF
Days on Market52
Property Features for 546 Business Park Dr
General Information
Standard status
Active
Size
3,610 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
Light Industrial
Additional Details
Fenced Yard
Yes
Warehouse Space
800 SF
Building Details
Year Built
1991
Listing Agency:
Sunriver Realty
(541) 480-8565
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Sep 11
Changed: Oct 31
Last Checked: Nov 1 at 5:06AM
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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Investment Insights
Based on property information with market context.
This 3,610-square-foot flex property combines office functionality with an attached 800-square-foot warehouse. The office area includes multiple private offices, conference rooms, open work areas, a break room, and two restrooms. Warehouse access is provided by a 10-foot roll-up door, while enhanced security construction and infrastructure reflect the building’s original configuration for a security company. Hunter fiber is pre-installed.
Located at 546 Business Park Dr in Medford, Oregon, the property sits on a gated and fenced site with 20 parking spaces. Light Industrial zoning and the flexible layout accommodate a range of office, storage, service, and operational requirements.
Located at 546 Business Park Dr in Medford, Oregon, the property sits on a gated and fenced site with 20 parking spaces. Light Industrial zoning and the flexible layout accommodate a range of office, storage, service, and operational requirements.
Key Highlights
- 3,610 SF flex building with office and warehouse components
- Attached 800 SF warehouse with 10‑foot roll‑up door
- Multiple private offices, conference rooms, open work areas, break room, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,024
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,480
$460.5K
Cap Rate 7%
$328,914
$328.9K
Cap Rate 9%
$255,822
$255.8K
Market Conditions
NOI Build-Up for 3,610 SF
Gross rent
$34.2K $9.48/SF
− Vacancy
−$1.3K −$0.37/SF
EGI
$32.9K $9.11/SF
− OpEx
−$9.9K −$2.73/SF
NOI
$23.0K $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%
$460,480
Cap Rate 7%
$328,914
Cap Rate 9%
$255,822
Alternative Uses
Best Use
Flex RnD
$470.1K
$411.4K – $548.5K
NOI $32,910 @ 7.0% cap · market cap 3,291,000.00%
Second Best
Warehouse
$399.4K
$349.5K – $466.0K
NOI $27,958 @ 7.0% cap · market cap 2,795,800.00%
Theoretical Best
Office A
$871.4K
$762.4K – $1.02M
NOI $60,995 @ 7.0% cap · market cap 6,099,500.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial zoning supports office, service, storage, and operational functions within a gated, fenced site.
Where is this flex space located?
The property is located at 546 Business Park Dr Medford, OR.
What are key features of this property?
This property features: 3,610 SF flex building with office and warehouse components; Attached 800 SF warehouse with 10‑foot roll‑up door; Multiple private offices, conference rooms, open work areas, break room, and two restrooms
