Multi-Tenant Industrial
610 Rossanley Dr, Medford, OR 97501
For Sale
$1,550,000
Three occupied spaces and a fenced, improved yard combine indoor work areas with outdoor operating space.
Property Size10,000 SF
Lot Size1.58 Acres
Price / SF$155
Days on Market12
Property Features for 610 Rossanley Dr
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Fenced Yard
Outdoor Storage
Additional Details
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Building Size
Tenancy
Listing Agency:
Pulver and Leever Real Estate
Listed By:
William J Leever · License #OR 780301889
(541) 773-5391
Source:
Portlandoregonhomelistings
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 7 at 11:49AM
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 Pulver and Leever Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1979, this 10,000-square-foot industrial building is occupied by three tenants. Their spaces range from 2,000 to 4,000 square feet. The property also includes a fully fenced, improved yard across two tax lots totaling 1.58 acres.
The site is on Rossanley Drive in Medford, near the North Medford interchange and within an industrial area.
The site is on Rossanley Drive in Medford, near the North Medford interchange and within an industrial area.
Key Highlights
- 10,000‑square‑foot industrial building built in 1979
- Three current tenants occupy spaces ranging from 2,000 SF to 4,000 SF
- Two tax lots totaling 1.58 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,779
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,580
$1.3M
Cap Rate 7%
$911,129
$911.1K
Cap Rate 9%
$708,656
$708.7K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$94.8K $9.48/SF
− Vacancy
−$3.7K −$0.37/SF
EGI
$91.1K $9.11/SF
− OpEx
−$27.3K −$2.73/SF
NOI
$63.8K $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%
$1,275,580
Cap Rate 7%
$911,129
Cap Rate 9%
$708,656
Alternative Uses
Best Use
Industrial
$911.1K
$797.2K – $1.06M
NOI $63,779 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.41M
$2.11M – $2.82M
NOI $168,960 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
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
$325,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Industrial properties in Medford, OR
Properties on Market for Industrial properties in Medford
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Three occupied spaces and a fenced, improved yard combine indoor work areas with outdoor operating space.
Where is this industrial property located?
The property is located at 610 Rossanley Dr Medford, OR.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 10,000‑square‑foot industrial building built in 1979; Three current tenants occupy spaces ranging from 2,000 SF to 4,000 SF; Two tax lots totaling 1.58 acres
