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    FOR LEASE
    Warehouses

    501 Airport Rd, Medford, OR 97504

    35,460 SF 4.16 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US71-0197106
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 501 Airport Road in Medford, Oregon, presents a rare opportunity. The 70,000 square foot warehouse, built in 1983, sits on a generous 5.43-acre lot (including an adjacent 1.27-acre parcel) and is zoned I-L. The building boasts a single-tenant occupancy, currently operating as a warehouse and distribution center. Features include 25-foot clear ceiling heights, providing ample vertical space for storage and operations. Eleven loading docks ensure efficient loading and unloading of goods. The property also includes approximately 14,000 square feet of well-appointed office space, ideal for administrative functions. A significant asset is the 1,728 square foot refrigerated cooler room, suitable for temperature-sensitive goods. The property further benefits from a large, fully fenced, and paved yard area, providing ample space for outdoor storage or maneuvering. Its strategic location adjacent to Costco and near the Central Point I-5 interchange offers excellent access to major transportation routes. Note that the current tenant requires relocation time. The APN is 10701238. This property is ideal for owner-occupiers or investors seeking a high-quality industrial asset in a prime Medford location. The potential for future expansion with the adjacent parcel adds significant long-term value.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Total area 35,460 SF
    Lot 4.16 ac (181,210 SF)
    Zoning code I-L
    APN 1-0701238
    UPID US71-0197106
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Columbia Distributing Big Box & Wholesale Store Distribution Center
    • Columbia Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.23M
    Comparable Approach Comparable
    $4.54M
    Blend (final) Blend
    $4.03M
    Owner & transaction history
    Coho Distributing LLC · 1 yrs held
    Coho Distributing LLC
    since 2024
    6 recorded transactions
    2024
    2020
    $6.2M
    2017
    $10,743
    1987
    $1.8M
    1984
    1982
    $290,990
    Zoning & alternative use
    I-L · Medford, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $6.0M +92.9%
    Auto repair, garage $5.7M +83.2%
    Retail stores $5.6M +80.1%
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    More about this property
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