Property summary
This exceptional 0.34-acre commercial/industrial lot, located at 924 S Central Ave in Medford, Oregon (APN 10375465), presents a unique redevelopment opportunity. Zoned C-R, this property boasts a substantial 50x100 foot concrete slab, a remnant of a previously existing five-plex structure that was lost to fire. The existing infrastructure significantly reduces the initial costs associated with new construction. The property offers ample parking with 13 spaces. Situated in a high-traffic area of Medford, this location provides excellent visibility and accessibility for a variety of commercial ventures. The versatile zoning allows for diverse development options, including multi-family housing, retail spaces, or other commercial uses. This is a rare chance to acquire a well-positioned lot in a thriving commercial zone, ready for your vision. The property's location within Jackson County, Oregon, and its proximity to key transportation routes, further enhances its investment potential. This is a blank canvas for a savvy investor or developer seeking to capitalize on the strong Medford market. The asking price is $699,000.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
hape a Vibrant and Exceptional City” Lausmann Annex • 200 South Ivy Street • Medford OR 97501 Phone (541)774-2380 • fax (541)618-1708 www.ci.medford.or.us CITY OF MEDFORD PLANNING DEPARTMENT 10.328 Community Commercial,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-C · Medford, ORhape a Vibrant and Exceptional City” Lausmann Annex • 200 South Ivy Street • Medford OR 97501 Phone (541)774-2380 • fax (541)618-1708 www.ci.medford.or.us CITY OF MEDFORD PLANNING DEPARTMENT 10.328 Community Commercial,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
hape a Vibrant and Exceptional City” Lausmann Annex • 200 South Ivy Street • Medford OR 97501 Phone (541)774-2380 • fax (541)618-1708 www.ci.medford.or.us CITY OF MEDFORD PLANNING DEPARTMENT 10.328 Community Commercial,…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-C in Medford, OR.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.