2131 Owen Dr Medford, OR 97504
- Commercial real estate
- 2.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2131 Owen Dr
- Lot size
- 2.23 lot acres
- Property type
- Commercial real estate
- APN
- 10996626
Description
This exceptional 2.23-acre commercial land parcel presents a prime investment opportunity in Medford, Oregon. Located at 2131 Owen Dr, 97504, this property boasts high visibility due to its strategic position at the signalized intersection of Crater Lake Highway (Highway 62) and Owen Drive. The land is part of the Tower Business Park Planned Unit Development (PUD), allowing for a variety of commercial uses as permitted under the IL/PD zoning designation. Access from Crater Lake Highway is already established, and a shared driveway services all five lots within the Tower Retail Center Subdivision. This property offers significant advantages for businesses seeking high-traffic exposure and convenient access. The seller is open to considering the sale of individual lots, land leases, or build-to-suit options for approved tenants. However, the owner retains the right to approve all proposed uses. The APN is 10996626. This is a rare opportunity to acquire a highly visible commercial site in a thriving Oregon market. Don't miss out on this exceptional investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.85518229225
- Latitude
- 42.367837746047
