660 Grape St Medford, OR 97501-3626
This exceptional industrial property, located at 660 S Grape St in Medford, Oregon (97501), presents a significant investment opportunity. The vacant warehouse boasts a substantial 50,600 square feet of space, priced competitively at $58.30 per square foot. Originally constructed in 1949, the property comprises five single-story buildings situated on a 2.24-acre lot. The buildings feature a combination of concrete and CMU block construction, offering durability and longevity. The interior includes high ceilings, heavy power, updated lighting, concrete floors, and floor drains – features ideal for a variety of industrial uses. The property is zoned I-G, providing flexibility for potential tenants. The property's history as a food processing facility speaks to its robust infrastructure. The assessed parcel numbers are 10374746, 10374720, and 10374711. This well-located warehouse in Jackson County offers significant potential for a discerning investor seeking a substantial industrial holding in a thriving Oregon market. The property's size, features, and zoning make it an attractive prospect for a wide range of industrial businesses. This is a rare opportunity to acquire a large, well-maintained warehouse in a desirable location.
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
No recorded transactions found for this property.
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.