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    Crater Lake Ave Medford, OR 97504

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    Crater Lake Ave Medford, OR 97504


    • Land
    • 0.88 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Crater Lake Ave

    Lot size
    0.88 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This Elyria shopping center offers two available retail spaces, totaling 3,570 square feet of vacant space within a 9,413 square foot building. The larger space measures 2,295 square feet, while the smaller space is 1,275 square feet. This property enjoys a highly visible location directly across from the Midway Mall redevelopment project, ensuring excellent exposure to a large customer base. Current tenants include established businesses such as AT&T, Hunan King, 1st Ohio Insurance, and R&K Nails, creating a strong and diverse tenant mix. The site benefits from exceptionally high traffic counts, averaging 19,031 vehicles per day, as reported by ODOT TIMS. The property is zoned B-G Business General District, providing flexibility for a variety of retail uses. The surrounding area boasts a robust retail environment, with major big-box retailers such as Target, Giant Eagle, The Home Depot, JoAnn Fabrics, Planet Fitness, and PetSmart located nearby. A significant population density further enhances the property's appeal, with 55,168 residents and 61,058 daytime workers within a three-mile radius, guaranteeing a substantial pool of potential customers. This is a rare opportunity to secure prime retail space in a thriving commercial area. The single building is located in Lorain County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.856
    Latitude
    42.3724
    More about this property
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