Listing provided courtesy of VI Commercial Real Estate LLC- MLS# 220172442MLS Provider

610 Rossanley DriveMedford, OR 97501

Commercial · 10,000 Sq. ft. | 1.07 Acres
$1,500,000 Pending

610 Rossanley Drive Overview

Time on Site:
993 days
Visits:
21

??? Great opportunity to acquire a 10,000 sqft, leased Industrial property in a 'close in' location. The subject consists of two (2) parcels which total 1.58 acres and are zoned heavy industrial per the city of Medford, Oregon. ??? The property enjoys frontage on the busy arterial; and is proximal to the North Medford I-5 interchange / major N/S & E/W arterials; it straddles rooftops and major Retail trade corridors. A definite path of progress property. ??? The property is offers upside in the margin between current contract rents vs market rents. Alternatively, an owner / user may benefit from the fact that all leases are month to month. ??? The portions of the yard area are separately leased as well, and represent additional income. * See attached Package under Documents for financial information. * The Seller would like to come to economic terms in an LOI before showing the property.

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610 Rossanley Drive Facts & Features

  • Type Commercial
  • Sq. ft. 10,000
  • Price/Sq.ft. $150
  • Lot 1.07 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1979

Location/Region

  • County Or Parish: Jackson

Tax Information

  • Tax Annual Amount: 7267.2
  • Tax Year: 2022

General Information

  • Listing Terms: Cash
  • Parcel Number: 10652308
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 10000.0

General Information

  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Foundation Details: Slab
  • Levels: One

Exterior

Parking Information

  • Parking Features: Assigned,Gated,Gravel

Lot Information

  • Additional Parcels Description: APN: 1-067521-3
  • Additional Parcels: true
  • Lot Size Acres: 1.07
  • Lot Size Area: 1.07
  • Lot Size Square Feet: 46609.2
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Steel Framing
  • Roof: Metal

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

610 Rossanley Drive Neighborhood

Community

97501 (Medford) Demographics

36
Median Age
887
Population Density (per sq. mile)
25%
College Educated
$48,865
Estimated Median Income
10,029
Estimated Total Home Owners
8,656
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

610 Rossanley Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

610 Rossanley Drive Market Data

Based on the last 30 days in this zip code

$368,725
Average List Price
$241
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
263
Properties for Sale
Calculations provided by Reliance Network