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    2021 Commerce Dr Medford, OR 97504

    Sponsored
    For Sale
    $978,000

    Modern Medford Office/Warehouse

    Property size:
    5,430 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,430-square-foot commercial property in Medford, Oregon, presents a unique investment opportunity. Located at 2021 Commerce Dr, 97504, this vacant, two-story Class B building boasts a desirable blend of office and warehouse space, perfect for an owner-user. Built in 2008, the structure features tilt-up panel concrete construction, ensuring durability and longevity. The property includes approximately 1,750 square feet of warehouse space and approximately 3,680 square feet of modern office space, complemented by two shared bathrooms. Its prime location offers easy access to Highway 62 and the Medford Airport, enhancing its appeal and accessibility. The property is zoned for light industrial use and sits on a single lot (APN: 1-098781-9). The asking price is $978,000, translating to $180.11 per square foot. This represents a compelling opportunity to acquire a well-maintained, strategically located commercial property in a thriving Oregon market.

    Property Features for 2021 Commerce Dr

    General Information

    Property type
    Office space
    Square Feet
    5,430 SF
    Class
    B

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Tilt‑up concrete construction.
    • Modern office space (approx. 3,680 sq ft) and small warehouse (approx. 1,750 sq ft).
    • Central Medford location, near Hwy 62 and Medford Airport.
    • $978,000 asking price ($180.11/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    D & S AUTOMOTIVE ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.86243114918
    Latitude
    42.370866348902

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    FAQs

    What type of property is this?
    Office space - Modern Medford Office/Warehouse
    Where is this office space located?
    The property is located at 2021 Commerce Dr Medford, OR.
    What is the asking price?
    The asking price for this property is $978,000.
    What are key features of this property?
    This property features: Tilt-up concrete construction.; Modern office space (approx. 3,680 sq ft) and small warehouse (approx. 1,750 sq ft).; Central Medford location, near Hwy 62 and Medford Airport.
    Request Owner's contact information
    2021 Commerce Dr Medford, OR 97504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2021 Commerce Dr Medford, OR 97504
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