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862 Enterprise dr - Enterprise Dr. Commercial Property-Medford

1.01 Acres of Commercial Land Offered at $449,000 in Medford, OR 97502

Investment Highlights

  • Opportunity Zoned Commercial Property close to Medford Airport in Vilas Industrial Park
  • All utilities at property
  • 1 Acre corner parcel with great access

Executive Summary

This Opportunity Zone Commercial property is close to the Medford Airport. It is zoned for many potential uses and is in the Vilas Industrial Park. The property is a 1-acre corner parcel with great access, close to the new expressway, airport and centrally located. The utilities are at the property. Opportunity Zones are a tool for economic development. They usually allow investors to defer, reduce, or eliminate taxes on their unrealized capital gains. Current information indicates that this parcel is in the opportunity zone.

Property Facts

Price $449,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.01 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $449,000
Price Per AC $444,554
Lot Size 1.01 AC

1.01 acre lot in the Opportunity Zone Commercial property is close to the Medford Airport. It is zoned for many potential uses and is in the Vilas Industrial Park.

Description

This Opportunity Zone Commercial property is close to the Medford Airport. It is zoned for many potential uses and is in the Vilas Industrial Park. The property is a 1-acre corner parcel with great access, close to the new expressway, airport and centrally located. The utilities are at the property. Opportunity Zones are a tool for economic development. They usually allow investors to defer, reduce, or eliminate taxes on their unrealized capital gains. Current information indicates that this parcel is in the opportunity zone. The .95-acre property across the street on the corner is also listed. The address is 4702 Industry Drive and has the MLS number of 220175382. Both parcels are available and make up approximately 2 commercial acres.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10944255
Land Assessment
$235,900
Improvements Assessment
$0
Total Assessment
$235,900

zoning

Zoning Code I-L (Contact listing Broker, Tony Nunes, for zoning information (541)840-0342)
I-L (Contact listing Broker, Tony Nunes, for zoning information (541)840-0342)
  • Listing ID: 31512354

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: 862 Enterprise dr, Medford, OR 97502

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