4404 Biddle Rd, Medford, OR 97502
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.
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Bomber Brothers Fireworks Discount Store Party Supply Store
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American Dream Fireworks Discount Store Party Supply Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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