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    501 Airport Rd Medford, OR 97504

    For Lease
    $9 SF/Yr

    70,000 SF Warehouse, 5.43 Acres, Excellent Location

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A industrial property, located at 501 Airport Road in Medford, Oregon, presents a rare opportunity. The 70,000 square foot warehouse, built in 1983, sits on a generous 5.43-acre lot (including an adjacent 1.27-acre parcel) and is zoned I-L. The building boasts a single-tenant occupancy, currently operating as a warehouse and distribution center. Features include 25-foot clear ceiling heights, providing ample vertical space for storage and operations. Eleven loading docks ensure efficient loading and unloading of goods. The property also includes approximately 14,000 square feet of well-appointed office space, ideal for administrative functions. A significant asset is the 1,728 square foot refrigerated cooler room, suitable for temperature-sensitive goods. The property further benefits from a large, fully fenced, and paved yard area, providing ample space for outdoor storage or maneuvering. Its strategic location adjacent to Costco and near the Central Point I-5 interchange offers excellent access to major transportation routes. Note that the current tenant requires relocation time. The APN is 10701238. This property is ideal for owner-occupiers or investors seeking a high-quality industrial asset in a prime Medford location. The potential for future expansion with the adjacent parcel adds significant long-term value.

    Property Features for 501 Airport Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF
    Class
    A
    Total Rate
    57400

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    Size
    70,000 SF
    Rate per SF
    $9

    HighLights

    • 70,000 SF Class A industrial warehouse on a 6.7‑acre lot (including adjacent parcel) in Medford, OR.
    • Single‑tenant occupancy with 25' clear height ceilings and 11 loading docks.
    • Includes 14,000 SF of office space and a 1,728 SF refrigerated cooler.
    • Large fenced and paved yard; excellent access to I‑5 via Central Point interchange, near Costco.
    • APN: 10701238; zoned I‑L; current tenant requires relocation time.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Columbia Distributing Beverage Distributor Columbia Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8844779
    Latitude
    42.3710354

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    FAQs

    What type of property is this?
    Distribution property - 70,000 SF Warehouse, 5.43 Acres, Excellent Location
    Where is this distribution property located?
    The property is located at 501 Airport Rd Medford, OR.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 70,000 SF Class A industrial warehouse on a 6.7-acre lot (including adjacent parcel) in Medford, OR.; Single-tenant occupancy with 25' clear height ceilings and 11 loading docks.; Includes 14,000 SF of office space and a 1,728 SF refrigerated cooler.
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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
    501 Airport Rd Medford, OR 97504
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