501 Airport Road, Medford, OR 97504
$8,500,000
Property Type:
Commercial Sale
Square Footage:
70,000
Lot Size (sq. ft.):
181,210
Status:
Active
Current Price:
$8,500,000
List Date:
7/16/2024
Last Modified:
8/29/2024
Description
Rare 70,000 square foot industrial building situated on 5.43 acres for sale or lease! Currently utilized as a warehouse/distribution facility, this concrete tilt-up warehouse building has 25' clear height ceilings, 11 truck loading docks, and a 1,728 square foot refrigerated cooler room. The building features approximately 14,000 square feet of quality office space in the front, and a large fully fenced and paved yard area in the back. Adjacent 1.27 acre excess parcel is included for potential future expansion. Located adjacent to Costco, in close proximity to the Central Point I-5 interchange. Current tenant is operating in the building and will need time to relocated. Estimated move out date is August 1, 2025. Call listing Broker for further information.
Supplements: ********
More Information MLS# 220186507
Location, Tax, and Legal
Street Number: 501
Street Name: Airport
Street Suffix: Road
County: Jackson
State: OR
Postal Code: 97504
Cross Street: Table Rock Rd
Section: Not Applicable
Parcel Number: 10701238
Tax Map Number: 37 2W 12A
Tax Lot: 501
Lot Size Acres: 4.16
Lot Size Square Feet: 181210
Additional Parcels YN: Yes
Additional Parcels Description: 10426990
Contract Information
Original List Price: 8500000
Current Price: $8,500,000
Status: Active
List Price: $8,500,000
Listing Contract Date: 2024-07-16
General Property Information
Building Area Total: 70000
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 1
Year Built: 1983
New Construction YN: No
Zoning: I-L
Tax Annual Amount: 69603.48
Tax Year: 2023
Potential Tax Liability YN: No
Assessment YN: No
CC&R's YN: No
FIRPTA YN: No
Sign On Property YN: No
Remarks and Miscellaneous
Public Remarks: Rare 70,000 square foot industrial building situated on 5.43 acres for sale or lease! Currently utilized as a warehouse/distribution facility, this concrete tilt-up warehouse building has 25' clear height ceilings, 11 truck loading docks, and a 1,728 square foot refrigerated cooler room. The building features approximately 14,000 square feet of quality office space in the front, and a large fully fenced and paved yard area in the back. Adjacent 1.27 acre excess parcel is included for potential future expansion. Located adjacent to Costco, in close proximity to the Central Point I-5 interchange. Current tenant is operating in the building and will need time to relocated. Estimated move out date is August 1, 2025. Call listing Broker for further information.
Directions: Located on the NE corner of Airport Rd & Table Rock Rd, near Costco.
Status Change Information
Status Change Timestamp: 2024-07-16
Currently Not Used
List Price per SqFt: 121.43
Business Details
Business Included?: No
Parking Details
Parking: Yes
# of Parking Spaces: 200
Property Features
Additional Features: 3 Phase Electric; ADA Comply; Mezzanine; Office Space
Common Walls: No Common Walls
Construction Materials: Concrete
Cooling: Central Air
Flooring: Concrete
Foundation Details: Slab
Heating: Forced Air
Levels: Two
Roof: Membrane
Existing Lease Type: NNN
Flood: N/A
Utilities: Electricity Connected
Parking Features: Asphalt
Power Production: None
Sewer: Public Sewer
Water Source: Public
Listing Terms: Cash; Conventional
Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: August - 29 - 2024
Broker Attribution:
541-773-5391
Information deemed reliable but not guaranteed.