Property profile

0 Commerce Dr Medford, OR 97504

OFF-MARKET
Land
1.32 ac lot
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Property summary

AI-generated overview

This exceptional 1.32-acre commercial lot, located on Commerce Drive in Medford, Oregon (APN 106686361), presents a unique investment opportunity. Zoned I-L by the City of Medford, this property offers a wide range of potential commercial uses. Its prime corner location provides excellent visibility and accessibility, making it an attractive site for a variety of businesses. The asking price is $575,000. The seller is open to exploring a build-to-suit arrangement or a land lease for a qualified tenant, subject to approval of the proposed use and tenant. This flexible approach allows for a customized development tailored to the specific needs of a prospective buyer or lessee. The property's 97504 zip code places it within a thriving commercial area of Medford, offering easy access to major transportation routes and a strong customer base. Serious inquiries are encouraged to explore the possibilities of this versatile and strategically located commercial land parcel. The property is situated in Jackson County, Oregon, and its precise coordinates are 42.3708607 latitude and -122.8607843 longitude.

Property profile

Verified
Property type Land
Lot 1.32 ac (57,499 SF)

Cap rate & NOI

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

Location

Commerce Dr Medford, OR 97504
Medford metro
Google Maps

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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