Industrial Flex Space with
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 Market1
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
reception area
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 5 at 7:06PM
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.
This 6,553-square-foot steel-frame flex building, constructed in 2001, occupies a 0.38-acre site. Its two sides have separate entrances and are divided by an interior roll-up door. One side is configured as a mechanical shop with roll-up access and reception space; the other has a large open room, an 18-by-18-foot separate room, bathrooms, and storage. An upper level adds an office and storage, while the mezzanine includes a viewing area, kitchenette, and wet bar.
The property has 13 paved parking spaces, well water, and public sewer. Heating is ductless and electric, with ductless cooling.
The property has 13 paved parking spaces, well water, and public sewer. Heating is ductless and electric, with ductless cooling.
Key Highlights
- 6,553 square feet on 0.38 acres
- Steel‑frame construction; built in 2001
- Two sections have separate entrances and an interior roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,824
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,356,480
$1.4M
Cap Rate 7%
$968,914
$968.9K
Cap Rate 9%
$753,600
$753.6K
Market Conditions
NOI Build-Up for 6,553 SF
Gross rent
$118.0K $18.00/SF
− Vacancy
−$9.4K −$1.44/SF
EGI
$108.5K $16.56/SF
− OpEx
−$40.7K −$6.21/SF
NOI
$67.8K $10.35/SF
Area
Jackson County, OR
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,356,480
Cap Rate 7%
$968,914
Cap Rate 9%
$753,600
Alternative Uses
Best Use
Mixed Use
$968.9K
$847.8K – $1.13M
NOI $67,824 @ 7.0% cap · market cap 8.48%
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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Current Use
Lease Details
1
Drive-in doors
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 - Two distinct work areas have separate entrances and connect through an interior roll-up door.
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 feet on 0.38 acres; Steel‑frame construction; built in 2001; Two sections have separate entrances and an interior roll‑up door
