Commercial Land for Sale in Medford, Oregon, presents a lucrative investment opportunity for savvy investors. With a growing population of approximately 90,000 residents, Medford offers a strong demand for commercial properties. Commercial Land investments can take many forms, such as retail, office, or industrial spaces, each with its unique benefits and potential for returns. Medford's strategic location, with easy access to major highways like Interstate 5, Highway 99, Highway 62, and Highway 238, makes it an attractive spot for businesses. The city's amenities, including the Rogue Valley International-Medford Airport, Bear Creek Park, and Prescott Park, also contribute to its appeal. Additionally, Medford is home to prominent companies like Asante Rogue Regional Medical Center, Lithia Motors, and Harry & David, which further solidify its economic foundation. With its Mediterranean climate and scenic surroundings, Medford is an excellent place for business and travel, featuring attractions like the Pear Blossom Run, the I.O.O.F. Eastwood Historic Cemetery, and the Medford Carnegie Library.
Medford's Commercial Land for Sale market offers a range of opportunities, with 20 listings currently available. The average price per square foot is , and the average size of these properties is square feet, with the largest property spanning 0 square feet. Medford's Commercial Land market is characterized by an average cap rate of. In addition to Commercial Land, Medford also offers other property types, such as residential properties, which can be found in neighborhoods like the downtown area, and industrial properties, which are often located near the Rogue Valley International-Medford Airport. With its strong economy, convenient location, and range of amenities, Medford is an excellent choice for investors seeking to diversify their portfolios with Commercial Land for Sale.
What are common commercial uses for land in the Medford market?
In the Medford market, common commercial uses for land include retail developments, such as shopping centers and strip malls, as well as industrial and manufacturing facilities, taking advantage of the city's strategic location along major highways like Interstate 5 and Highway 99. Additionally, commercial land in Medford is also used for healthcare facilities, office buildings, and restaurants, catering to the growing population of around 90,000 people and the surrounding metropolitan area of over 220,000.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Medford, Oregon, there are several common ways to do so. For instance, investors can buy land directly from property owners, work with real estate brokers or agents, or explore online marketplaces like LoopNet, where you can find 20 available listings of commercial land for sale, with an average price per square foot of and an average size of square feet.
Before making a purchase, it's essential to do your due diligence and research the process thoroughly. If you're new to land investment, it's a good idea to start by reading our guide on how to buy land, which covers the ins and outs of land investment and can help you make an informed decision.
