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    FOR SALE
    Commercial real estate

    1020 Ellendale Dr, Medford, OR 97504

    2.43 ac lot
    Property ID
    US71-0853776
    Property summary
    AI-generated overview

    This exceptional 2.43-acre commercial land parcel presents a unique investment opportunity in Medford, Oregon. Located at 1020 Ellendale Drive, this property boasts a highly desirable location near the South Medford Interchange, Barnett Road, and Rogue Valley Manor. The current zoning is SFR-10; however, its inclusion within the Rogue Valley Manor Planned Unit Development (PUD) opens possibilities for a wider range of commercial uses, including office, medical, and other commercial ventures. Prospective buyers are encouraged to conduct thorough due diligence to confirm permitted uses and verify zoning compliance. The property's APN is 10016489. Utilities are available, but buyers should independently verify their location and availability. This prime location offers excellent visibility and accessibility, making it an ideal site for various commercial developments. The asking price for this exceptional property is $1,958,240. This represents a significant opportunity for investors seeking a strategic land acquisition in a rapidly growing area. The property's size and zoning flexibility provide considerable development potential. All interested parties are responsible for conducting their own due diligence regarding zoning, permitted uses, and utility access.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.43 ac (105,851 SF)
    APN 10016489
    UPID US71-0853776
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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