1112 Progress Dr, Medford, OR 97504
For Lease
This 959-square-foot traditional office space is located in a desirable strip center on Progress Drive in Jackson County. The property, built in 2006, is a single-tenant space currently vacant and available for immediate occupancy. The building enjoys a prominent west end-cap location, offering excellent signage opportunities for increased visibility and brand awareness. The property sits on 1.18 acres of land and is zoned C-R (Commercial - Regional), allowing for a variety of commercial uses. The current tenancy is month-to-month, providing flexibility for potential buyers or lessees. The property's location adjacent to People's Bank provides added convenience and potential for synergistic business relationships. The Assessor's Parcel Number (APN) is 10925147. This presents a unique opportunity for businesses seeking high-visibility retail or office space in a well-established commercial area. The property's size and location make it ideal for a variety of businesses seeking a convenient and accessible location. The flexible month-to-month tenancy allows for immediate occupancy and adaptable lease terms. This is an excellent opportunity to establish a strong presence in a thriving commercial district.
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Bonato MD Aesthetics Spa & Massage Center Alternative Medicine Practice
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SalonCentric (Bike/Boat/Book/etc) Store Cosmetic Store
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-R · Medford, ORMedford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.