Dual-Entry Flex
New
For Sale
$800,000
6026 Crater Lake Avenue, Medford, OR 97502
Commercial Sale, Medford, OR
Property Size6,553 SF
Lot Size0.38 Acres
Price / SF$122.08
Days on Market2
Property Features for 6026 Crater Lake Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
GC
Parking features
Parking Lot
Subdivision
Ironwood Commercial Park Subdivision Phase 1
Lot features
Landscaped, Level
Directions
Take E Villas Rd to Crater Lake Ave
Standard status
Active
APN
10904557
Size
6,553 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3490
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Ductless
Water source
Well
Amenities
kitchenette
wet bar
Building Details
Year built
2001
Floors in Building
2
Number of units
1
Flooring type
Hardwood, Carpet, Concrete
Building materials
Steel Frame
Roof type
Metal
Listing Agency:
Home Quest Realty
(541) 774-5503
Listed By:
Ellie George · License #200502069
(541) 601-9582
Added: Oct 5
Last Checked: Oct 6 at 12:06AM
MLS# 220229579
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 6,553-square-foot steel-frame flex building, constructed in 2001, has two sections with separate entrances and an interior roll-up door between them. One section is set up as a mechanical shop with a hydraulic lift, roll-up door access, and a reception area. The other has a large open training room, bathrooms, storage, and a separate 18-by-18-foot room. Upstairs are an office and additional storage, while the mezzanine includes a viewing area with a kitchenette and wet bar.
The property sits between Medford and White City at 6026 Crater Lake Avenue. Its 0.38-acre site includes a paved parking lot with 13 spaces and a separate storage unit. Water is supplied by a well, and the property has public sewer.
The property sits between Medford and White City at 6026 Crater Lake Avenue. Its 0.38-acre site includes a paved parking lot with 13 spaces and a separate storage unit. Water is supplied by a well, and the property has public sewer.
Key Highlights
- 6,553‑square‑foot steel‑frame building on 0.38 acres
- Two sections with separate entrances and an interior roll‑up door
- Mechanical shop area includes a hydraulic lift and roll‑up door access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,739
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,780
$1.2M
Cap Rate 7%
$853,414
$853.4K
Cap Rate 9%
$663,767
$663.8K
Market Conditions
NOI Build-Up for 6,553 SF
Gross rent
$98.3K $15.00/SF
− Vacancy
−$6.4K −$0.98/SF
EGI
$91.9K $14.03/SF
− OpEx
−$32.2K −$4.91/SF
NOI
$59.7K $9.12/SF
Area
Jackson County, OR
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,780
Cap Rate 7%
$853,414
Cap Rate 9%
$663,767
Alternative Uses
Best Use
Retail
$1.30M
$1.13M – $1.51M
NOI $90,659 @ 7.0% cap · market cap 11.33%
Second Best
Flex RnD
$853.4K
$746.7K – $995.7K
NOI $59,739 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.58M
$1.38M – $1.85M
NOI $110,719 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Well-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Separate access points and an interior roll-up door divide the building into two sections for business use.
Where is this flex space located?
The property is located at 6026 Crater Lake Avenue Medford, OR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 6,553‑square‑foot steel‑frame building on 0.38 acres; Two sections with separate entrances and an interior roll‑up door; Mechanical shop area includes a hydraulic lift and roll‑up door access
