2131 Owen Drive, Medford, OR 97504

$2,711,000
Property Type: Land Lot Size (sq. ft.): 97,139 Status: Pending
Current Price: $2,711,000 List Date: 7/25/2024 Last Modified: 2/09/2026

Overview

Description

Highway 62 frontage - commercial lots!! High-exposure commercial sites at the signalized intersection of Crater Lake Highway and Owen Drive. Property is part of the Tower Business Park PUD that allows commercial uses on the parcels. Access from Crater Lake Highway has been constructed as well as joint driveway service all 5 lots in Tower Retail Center Subdivision. Owners would consider land leases or build to suit for approved tenants. Broker is part owner of part of the subject property and is acting for profit.

Listing Details MLS# 220187041

General Property Information

Property Sub Type
Commercial
Elementary School
Check with District
Middle Or Junior School
Check with District
High School
Check with District
Zoning
IL/PD
Tax Annual Amount
27363.02
Tax Year
2023
Irrigation Water Rights YN
No
CC&R's YN
Yes
Association YN
No
Senior Community YN
No
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Current Use: Vacant Easements: Access Lot Features: Corner Lot Restrictions: Subject to Zoning Power Production: None Sewer: Public Sewer Utilities: Electricity Available Utilities Location: At Street Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
2131
Street Name
Owen
Street Suffix
Drive
County
Jackson
State
OR
Postal Code
97504
Subdivision Name
Tower Retail Center Subdivision

Contract Information

Original List Price
2711000
List Price per Acre
1215695.07
Listing Contract Date
2024-07-25

Remarks and Miscellaneous

Public Remarks
Highway 62 frontage - commercial lots!! High-exposure commercial sites at the signalized intersection of Crater Lake Highway and Owen Drive. Property is part of the Tower Business Park PUD that allows commercial uses on the parcels. Access from Crater Lake Highway has been constructed as well as joint driveway service all 5 lots in Tower Retail Center Subdivision. Owners would consider land leases or build to suit for approved tenants. Broker is part owner of part of the subject property and is acting for profit.
Directions
Property is on the eastside of the highway at the NE corner of Owen and Crater Lake Hwy.

Status Change Information

Under Contract Date
2025-11-18
Status Change Timestamp
2025-11-19

More Information

Listing Office: Pulver and Leever Real Estate
Last Updated: February - 09 - 2026
Broker Attribution: 541-773-5391

Information deemed reliable but not guaranteed.