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    2016 Commerce Dr Medford, OR 97504

    Sponsored
    For Lease
    $13 SF/Yr ($9,856 /Mo)

    New 8,960 SF Flex Space - 2024 Construction

    Lot size:
    8,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,960-square-foot Class A industrial flex space, located at 2016 Commerce Dr, Medford, OR 97504, represents a unique opportunity. Completed in 2024, this single-story building boasts modern construction and a prime location in Jackson County. The property features one loading dock, three-phase power, and is fully fenced with automatic gates, enhancing security and operational efficiency. Its flexible zoning (I-L) allows for a variety of uses, including manufacturing, distribution, R&D, and more. The building benefits from excellent curb appeal and landscaping. Situated on Commerce Drive, it offers visibility from the Rogue Valley Expressway, providing convenient access and high visibility. The property is conveniently located on the backside of The Chef Store (formerly Cash and Carry). While this listing is for 8,960 square feet, an additional 4,502 square feet is available in an adjacent building at 2008 Commerce Drive. The owner is open to tenant improvement allowances based on tenant qualifications and lease terms. This property is ideal for businesses seeking a modern, functional, and strategically located space in Medford, Oregon. The cross street is Lear Way.

    Property Features for 2016 Commerce Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,960 SF
    Class
    A
    Total Rate
    9856

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,960 SF
    Rate per SF
    $13

    HighLights

    • Class A office building.
    • Brand new construction.
    • Attractive curb appeal with shared exterior loading dock.
    • Electric vehicle charging stations available on‑site.
    • Convenient access to I‑5 and the airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    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
    -122.8608056
    Latitude
    42.3708604

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    FAQs

    What type of property is this?
    Life science property - New 8,960 SF Flex Space - 2024 Construction
    Where is this life science property located?
    The property is located at 2016 Commerce Dr Medford, OR.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Class A office building.; Brand new construction.; Attractive curb appeal with shared exterior loading dock.
    Request Owner's contact information
    2016 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
    2016 Commerce Dr Medford, OR 97504
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