For Sale
$2,711,000

2131 Owen Dr Medford, OR 97504

High-exposure lots, Highway 62 frontage. Excellent commercial opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 2.23-acre commercial land parcel presents a prime investment opportunity in Medford, Oregon. Located at 2131 Owen Dr, 97504, this property boasts high visibility due to its strategic position at the signalized intersection of Crater Lake Highway (Highway 62) and Owen Drive. The land is part of the Tower Business Park Planned Unit Development (PUD), allowing for a variety of commercial uses as permitted under the IL/PD zoning designation. Access from Crater Lake Highway is already established, and a shared driveway services all five lots within the Tower Retail Center Subdivision. This property offers significant advantages for businesses seeking high-traffic exposure and convenient access. The seller is open to considering the sale of individual lots, land leases, or build-to-suit options for approved tenants. However, the owner retains the right to approve all proposed uses. The APN is 10996626. This is a rare opportunity to acquire a highly visible commercial site in a thriving Oregon market. Don't miss out on this exceptional investment prospect.

Highlights

  • 2.23-acre commercial land parcel in Medford, OR.
  • High-visibility location at the signalized intersection of Highway 62 and Owen Drive.
  • Part of the Tower Business Park PUD, with IL/PD zoning allowing various commercial uses.
  • Established access from Highway 62 and shared driveway.
  • Seller open to individual lot sales, land leases, or build-to-suit options (subject to owner approval).
  • APN: 10996626.

Property Details for 2131 Owen Dr

Property type
Land
Lot Size (sq. ft)
97,139 SF

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.367837746047
Longitude
-122.85518229225
2131 Owen Dr, Medford, Oregon

FAQs

What type of property is this?
Land - High-exposure lots, Highway 62 frontage. Excellent commercial opportunity.
Where is the land located?
The property is located at 2131 Owen Dr Medford, OR.
What is the asking price?
The asking price for this property is $2,711,000.
What are key features of this property?
This property features: 2.23-acre commercial land parcel in Medford, OR.; High-visibility location at the signalized intersection of Highway 62 and Owen Drive.; Part of the Tower Business Park PUD, with IL/PD zoning allowing various commercial uses.
How can I contact the broker?
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2131 Owen Dr
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