Property profile

1020 Ellendale Dr Medford, OR 97504

FOR SALE
Commercial real estate
Property ID
US71-0853776
2.43 ac lot
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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

Location

1020 Ellendale Dr Medford, OR 97504
Medford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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