Property profile

2577 Bullock Rd Medford, OR 97504

OFF-MARKET
Land
2.45 ac lot
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Property summary

AI-generated overview

This exceptional 2.45-acre commercial land parcel presents a unique investment opportunity in Medford, Oregon. Located at 2577 Bullock Rd, Jackson County (APN: 371W18-BC-00501), this vacant land boasts an unparalleled location adjacent to the Oregon International Airport. The property's proximity to the airport, which services 55 daily flights, offers significant potential for development. Currently, all existing hotels are situated 3-5 miles from the airport, creating a clear demand for a conveniently located hotel. This strategic positioning ensures high occupancy rates and strong revenue potential for a new hotel development. The asking price for this prime development site is $2,995,000. The property's size and location make it ideal for a variety of commercial ventures, but the proximity to the airport makes a hotel development particularly attractive. This is a rare opportunity to acquire a significant land parcel in a high-demand area with exceptional growth potential. The property's zoning and development possibilities should be independently verified.

Property profile

Verified
Property type Land
Lot 2.45 ac (106,722 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2577 Bullock Rd 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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