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2008 Commerce Drive - A

8,960 SF Vacant Flex Building Medford, OR 97504 $2,350,000 ($262/SF)

Investment Highlights

  • New construction
  • Curb appeal
  • Great location

Executive Summary

Extremely nice new construction warehouse/flex space, to be completed late October 2024! Curb appeal, landscaped, with a shared loading dock, fenced with automatic gates, and is well suited for a wide variety of uses. . The property is located on Commerce Drive, on the back side of The Chef Store (old Cash and Carry) with visibility from the Rogue Valley Expressway. The property is close to the airport, I-5, Hwy 140, and Hwy 62. The warehouse is currently set up as one unit, but is designed to be split into as many as 4 separate units. The sale of this warehouse is contingent upon the owner finding a suitable replacement property for 1031 exchange.

Property Facts

Price $2,350,000
Price Per SF $262
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 0.75 AC
Construction Status Under Construction
Rentable Building Area 8,960 SF
No. Stories 1
Year Built 2024
Parking Ratio 2.79/1,000 SF
No. Dock-High Doors/Loading 1
Cross Streets Lear Way
Opportunity Zone Yes

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,235-8,960 SF
  • Flex
  • Partial Build-Out
  • Now

New construction class A flex space. Two brand new warehouses are currently being constructed at 2008 - 2016 Commerce Drive. 2235sf - 8960sf available.

Space Size Space Use Condition Available
1st Floor 2,235-8,960 SF Flex Partial Build-Out Now

1st Floor

Size
2,235-8,960 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size 2,235-8,960 SF
Space Use Flex
Condition Partial Build-Out
Available Now

New construction class A flex space. Two brand new warehouses are currently being constructed at 2008 - 2016 Commerce Drive. 2235sf - 8960sf available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10674568
Land Assessment
$131,650
Improvements Assessment
$479,910
Total Assessment
$611,560

zoning

Zoning Code I-L (Light Industrial Flex Space)
I-L (Light Industrial Flex Space)
  • Listing ID: 33042261

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 2008 Commerce Drive - A, Medford, OR 97504

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