663 S Grape St Medford, OR 97501
For Sale
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This exceptional industrial property, located at 663 S Grape St, Medford, OR 97501, presents a unique investment opportunity. The 41,071 square foot building, situated on a 1.93-acre lot (APN: 10374657, 10936455), is zoned I-G and offers a blend of refrigerated and dry storage space. Built in 1955, the facility boasts approximately 11,500 square feet of high-ceiling cold storage, ideal for various food processing or storage applications. The remaining 25,000+ square feet provides ample dry storage/warehouse space, catering to diverse operational needs. A significant investment has been made with a new roof installed on the majority of the building. The property is currently vacant, offering immediate occupancy and the flexibility to customize the space to suit specific requirements. Priced at $3,080,000 ($74.99/sq ft), this single-unit facility represents a compelling opportunity in the thriving Medford market. The property's size, location, and versatile space make it an attractive proposition for businesses seeking a well-maintained industrial space with significant cold storage capacity. This former food processing facility is ready for its next chapter.
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-G · 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.