Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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