3539 Heathrow WayMedford, OR 97504

Property Details for 3539 Heathrow Way

Year built

2003

Lot size

1.11 AC

Property size (Sq ft)

17,333 SF

Zone code

I-L

Property type

Office properties

APN

1-0972259

APU

10972259

Description

This exceptional 2,485 square foot office space is available for lease in Medford, Oregon. Located at 3539 Heathrow Way, Suite 108, this single-tenant property sits on a 1.11-acre lot within Navigator's Landing, conveniently situated west of the Rogue Valley Airport. Built in 2003, the building is zoned I-L (Light Industrial), offering flexibility for various business types. The space is currently vacant and ready for immediate occupancy. Featuring its own dedicated ground-floor entrance, the interior boasts a functional layout including multiple offices, a conference room, a break area, and an ADA-compliant bathroom. The property is offered as a modified gross lease, with the tenant responsible for utilities such as telephone, cable/internet, and janitorial services. While the space is in turnkey condition suitable for many users, the owner is open to negotiating improvements based on tenant qualifications. The property's APN is 10972259, and it's located in Jackson County, Oregon, zip code 97504. This presents a fantastic opportunity for businesses seeking a well-appointed, conveniently located office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,416,158

  6.5%

  $3,153,376

  7%

  $2,928,135

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,441,234

  Geo Method

  $4,441,234

• Alternative Use

  Use

  Valuation

  Residential

  $3,910,186

  Hospitality

  $3,581,710

  Educational

  $2,979,940

  Medical

  $3,082,425

  Retail

  $4,635,463

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3676

Longitude

-122.879

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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