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2008 Commerce Drive - A

8,960 SF Vacant Light Industrial Building Medford, OR 97504 £1,854,150 (£207/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 £1,854,150 Rentable Building Area 8,960 SF
Price Per SF £207 Number of Floors 1
Sale Type Investment or Owner User Year Built 2024
Property Type Light Industrial Parking Ratio 2.79/1,000 SF
Property Subtype
Light Distribution
  • Light Industrial Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
 No. Dock-High Doors/Loading 1
Building Class B Cross Streets Lear Way
Lot Size 0.75 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Construction Status Under Construction
Price £1,854,150
Price Per SF £207
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype
Light Distribution
  • Light Industrial Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 0.75 AC
Construction Status Under Construction
Rentable Building Area 8,960 SF
Number of Floors 1
Year Built 2024
Parking Ratio 2.79/1,000 SF
No. Dock-High Doors/Loading 1
Cross Streets Lear Way
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,235-8,960 SF
  • Light Industrial
  • Partial Build-Out
  • Now
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2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 1 of 4
Building Photo
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 2 of 4
Building Photo
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 3 of 4
Building Photo
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 4 of 4
Building Photo

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 Light Industrial Partial Build-Out Now

1st Floor

Size
2,235-8,960 SF
Space Use
Light Industrial
Condition
Partial Build-Out
Available
Now
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2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 1 of 4
Image 8-7-23 at 3.56 PM
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 2 of 4
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2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 3 of 4
Image 8-7-23 at 3.57 PM (1)
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 4 of 4
Image 8-7-23 at 3.57 PM

1st Floor

1/4
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 1 of 4
Building Photo
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 2 of 4
Building Photo
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 3 of 4
Building Photo
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 4 of 4
Building Photo
Size 2,235-8,960 SF
Space Use Light Industrial
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.

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PROPERTY TAXES

Parcel Number 10674568 Improvements Assessment £378,649
Land Assessment £103,872 Total Assessment £482,521

PROPERTY TAXES

Parcel Number
10674568
Land Assessment
£103,872
Improvements Assessment
£378,649
Total Assessment
£482,521

zoning

Zoning Code I-L (Light Industrial Flex Space)
I-L (Light Industrial Flex Space)
(541) 944-5620

  • Listing ID: 33042261

  • Date on Market: 03/09/2024

  • Last Updated:

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

The Light Industrial Property at 2008 Commerce Drive - A, Medford, OR 97504 is currently available For Sale. Contact Merit Commercial Real Estate LLC for more information.

Nearby Listings

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/8
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 1 of 8
Building sketch
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 2 of 8
Building sketch
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 3 of 8
Image 9-11-24 at 8.36?AM
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 4 of 8
Image 9-11-24 at 8.36?AM (1)
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 5 of 8
Image 9-11-24 at 8.36?AM
2008 Commerce Drive - A, Medford, OR for sale Building Photo- Image 6 of 8
Image 9-11-24 at 8.35?AM
2008 Commerce Drive - A, Medford, OR for sale Primary Photo- Image 7 of 8
2008/2016 warehouse sketch

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Connect with us

© 2024 CoStar Group

2008 Commerce Drive - A
(541) 944-5620 x

2008 Commerce Drive - A

Slade Bittler

(541) 944-5620

(541) 944-5620

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