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Mixed-Use Land for Sale in Medford, Oregon
3404 S Pacific Hwy, Medford, OR 97501
$843,000
1.76 acres
Active
Est $4,674/moCommercial building on South Pacific Highway. Current tenant is Picker's Paradise with a one year lease, triple net, which equates to a 7.5% Cap Rate. Property is 1.76 acres and is zoned C-G so it's possible for commercial and/or apartment development. Apartments exist on the north side of property. The building is 11,008 square feet and in good condition.Property is priced well as an investment and with all of the new development in Phoenix the price also makes sense for commercial land at $12/sf and multifamily land @ $20,000/unit.
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Sq feet
1940
Built
Location
- Street address
- 3404 S Pacific Hwy
- County
- Jackson County
- Elevation
- 1,463 feet
Property details
- Acreage
- 1.76 acres
- Zoning
- C-G
- MLS #
- SORMLS 220187782
- Posted
Property taxes
- 2023
- $6,525
Parcels
- 10020139
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Windermere Real Estate
Exterior
- Parking Spaces
- 58
Structure
- Stories
- 1
- Heating
- Natural Gas
- Materials
- Frame
- Roof
- Built-Up, Composition
Interior
- Flooring
- Concrete
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 7, 2025 | Back on market | $843,000 | — | SORMLS |
| Oct 16, 2025 | Under contract | $943,000 | — | SORMLS |
| June 24, 2025 | Price drop | $943,000 | $6,000 -0.6% | SORMLS |
| June 24, 2025 | Back on market | $949,000 | — | SORMLS |
| Apr 17, 2025 | New listing | $949,000 | — | SORMLS |
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