501 Airport Rd, Medford, OR 97504
For Lease
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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.
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Columbia Distributing Big Box & Wholesale Store Distribution Center
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Columbia Corporate Office
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
I-L · 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.