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Lear - Development Land in Lear Way Industrial Condo

2.09 Acres of Industrial Land Offered at $1,250,000 in Medford, OR 97504

Investment Highlights

  • Established quality industrial development
  • Easy access

Executive Summary

Development opportunity for investment or owner user in an established industrial/retail area of Medford.

Property Facts

Price $1,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 2.09 AC
Cross Streets Commerce
Opportunity Zone Yes

1 Lot Available

Lot 90007

Price $1,250,000
Price Per AC $598,086
Lot Size 2.09 AC

The remaining Tract C of the Lear Way Industrial Park Condominiums Supplemental Plat No. 3. Includes land and infrastructure for building B-4 and the land for buildings C-1 and C-2 per the master plan.

Description

The Lear Way Industrial Condo Project is a master planned 8 building industrial flex development. The remaining Tract C of the Lear Way Industrial Park Condominiums Supplemental Plat No. 3. Includes land and infrastructure for building B-4 and the land for buildings C-1 and C-2 per the master plan. B-4 - 9,080 SF (two condo units) C-1 - 8,816 SF (two condo units) C-2 - 8,816 SF (two condo units) Current owners/tenants include Falcon Northwest, Providence Home Health, Patterson Dental and Diode Laser. Development is located between the Rogue Valley Expressway and Crater Lake Highway with easy access to I-5.

zoning

Zoning Code I-L (City of Medford Light Industrial Zoning. See attached zoning info)
I-L (City of Medford Light Industrial Zoning. See attached zoning info)
  • Listing ID: 29589416

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: Lear, Medford, OR 97504

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