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    171 Bateman Dr Medford, OR 97502

    Sponsored
    For Lease
    $10 SF/Yr

    New 24,000 SF Warehouse/Flex Space

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial property, located at 171 Bateman Dr, Medford, OR 97502, offers 24,000 square feet of brand-new warehouse and flex space, ideally situated in the Jackson County submarket. Completed in 2024, the property features two buildings, each with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 12,000 square feet. Each building boasts a 14-foot ceiling height, 5 twelve-by-fourteen-foot roll-up doors, and ample natural light. The entire 24,000 square feet is currently vacant and available for lease. With a 190-foot frontage and 2.99 acres of land, the property provides significant space for operations and parking. The site includes 38 total parking spaces, perfect for employees, visitors, and fleet vehicles. The property is zoned I-L, allowing for warehouse, office, and light industrial uses such as distribution, storage, or light manufacturing. Utilities include 1 and 3-phase power. The lease rate is a negotiable NNN rate, with the landlord providing a cold grey shell condition and open to negotiating tenant improvements. CAMs are estimated at $0.09 per square foot per month. Estimated completion is late Spring 2025. This is a low-maintenance facility perfect for businesses seeking a modern, efficient workspace in a prime Medford location. The APN is 10194202.

    Property Features for 171 Bateman Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Class
    A
    Total Rate
    21600

    Building Details

    Year Built
    2024
    Buildings
    2

    Unit(s) available at that property

    Space
    Building 2
    Size
    12,000 SF
    Rate per SF
    $10
    Space
    Building 1
    Size
    12,000 SF
    Rate per SF
    $12

    HighLights

    • New construction warehouse/flex light industrial building.
    • Demisable square footage available.
    • Fully landscaped site with ample parking.
    • High‑traffic road location with excellent street frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Pharmacy Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8843739
    Latitude
    42.3952871

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    FAQs

    What type of property is this?
    Flex space - New 24,000 SF Warehouse/Flex Space
    Where is this flex space located?
    The property is located at 171 Bateman Dr Medford, OR.
    What is the lease rate?
    The lease rate is $10-$12 SF/Yr.
    What are key features of this property?
    This property features: New construction warehouse/flex light industrial building.; Demisable square footage available.; Fully landscaped site with ample parking.
    Request Owner's contact information
    171 Bateman Dr Medford, OR 97502
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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
    171 Bateman Dr Medford, OR 97502
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