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    OFF-MARKET
    Land

    4404 Biddle Rd, Medford, OR 97502

    3.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.2-acre commercial land parcel presents a remarkable investment opportunity in Medford, Oregon. Strategically located at the high-profile corner of Table Rock Road and Biddle Road, this property boasts exceptional visibility and accessibility. Currently zoned C-H, it will become C-5 upon annexation into Central Point City limits, unlocking significant development potential. The site is ideally situated just a quarter-mile from Costco and a proposed Amazon warehouse, ensuring high traffic volume and strong consumer presence. Nearby amenities include Firestone Tires, Premier Car Wash & Oil Change, and Les Schwab Tires, further enhancing its commercial appeal. Future development plans in the area include a new grocery store and two restaurants, creating a thriving retail environment. The city's vision for a small shopping center adjacent to the Central Point East neighborhood makes this property particularly attractive. While a portion (0.75 acres) is currently under escrow for development, the remaining 2.45 acres offer ample space for a variety of commercial ventures. The property includes a manufactured home and an 1800 sq ft barn, which may be suitable for temporary use or removal. Currently serviced by a well and septic system, buyers are advised to conduct their own due diligence with the City of Central Point regarding utility connections and development plans. This prime location offers unparalleled access to Medford International Airport and Interstate 5, providing convenient transportation links. The asking price is $2,250,000.

    Property profile
    Verified
    Property type Land
    Lot 3.2 ac (139,392 SF)
    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
    Current use
    Occupant on record · Public records
    • Bomber Brothers Fireworks Discount Store Party Supply Store
    • American Dream Fireworks Discount Store Party Supply Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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