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    Commerce Dr Medford, OR 97504

    Sponsored
    For Sale
    $575,000

    Prime 1.32-acre corner lot. Ideal for various commercial uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.32-acre commercial lot, located on Commerce Drive in Medford, Oregon (APN 106686361), presents a unique investment opportunity. Zoned I-L by the City of Medford, this property offers a wide range of potential commercial uses. Its prime corner location provides excellent visibility and accessibility, making it an attractive site for a variety of businesses. The asking price is $575,000. The seller is open to exploring a build-to-suit arrangement or a land lease for a qualified tenant, subject to approval of the proposed use and tenant. This flexible approach allows for a customized development tailored to the specific needs of a prospective buyer or lessee. The property's 97504 zip code places it within a thriving commercial area of Medford, offering easy access to major transportation routes and a strong customer base. Serious inquiries are encouraged to explore the possibilities of this versatile and strategically located commercial land parcel. The property is situated in Jackson County, Oregon, and its precise coordinates are 42.3708607 latitude and -122.8607843 longitude.

    Property Features for 0 Commerce Dr

    General Information

    Property type
    Land
    Lot Size
    57,499 SF

    HighLights

    • $575,000 asking price.
    • 1.32‑acre commercial land parcel.
    • Located in Medford, Oregon, with APN 106686361.
    • I‑L zoning permits diverse commercial uses.
    • Situated on Commerce Dr, Medford, OR 97504.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8607843
    Latitude
    42.3708607

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    FAQs

    What type of property is this?
    Land - Prime 1.32-acre corner lot. Ideal for various commercial uses.
    Where is this land located?
    The property is located at Commerce Dr Medford, OR.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: $575,000 asking price.; 1.32-acre commercial land parcel.; Located in Medford, Oregon, with APN 106686361.
    (541) 773-5391
    Request Owner's contact information
    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
    Commerce Dr Medford, OR 97504
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