501 Airport Road, Medford, OR 97504

$4,975,000
Property Type: Commercial Sale Square Footage: 70,000 Lot Size (sq. ft.): 181,210 Status: Closed
Current Price: $4,975,000 List Date: 9/17/2025 Last Modified: 8/11/2026

Overview

Description

Rare 70,000 square foot industrial building situated on 5.43 acres for sale or lease! Previously utilized as a warehouse/distribution facility, this concrete tilt-up warehouse building has 25' clear height ceilings, 11 truck loading docks, and a 1,728 square foot refrigerated cooler room. The building features approximately 14,000 square feet of quality office space in the front, and a large fully fenced and paved yard area in the back. Adjacent 1.27 acre excess parcel is included for potential future expansion. Located adjacent to Costco, in close proximity to the Central Point I-5 interchange. Call listing Broker for further information.

Listing Details MLS# 220209375

General Property Information

Building Area Total
70000
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
Yes
Year Built
1983
New Construction YN
No
Zoning
I-L
Tax Annual Amount
69603.48
Tax Year
2024
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Additional Features: 3 Phase Electric; ADA Comply; Mezzanine; Office Space Common Walls: No Common Walls Construction Materials: Concrete Cooling: Central Air Flooring: Concrete Foundation Details: Slab Heating: Forced Air Levels: Two Roof: Membrane Existing Lease Type: NNN Flood: N/A Utilities: Electricity Connected Parking Features: Asphalt Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
501
Street Name
Airport
Street Suffix
Road
County
Jackson
State
OR
Postal Code
97504

Contract Information

Original List Price
6500000
Listing Contract Date
2025-09-17

Remarks and Miscellaneous

Public Remarks
Rare 70,000 square foot industrial building situated on 5.43 acres for sale or lease! Previously utilized as a warehouse/distribution facility, this concrete tilt-up warehouse building has 25' clear height ceilings, 11 truck loading docks, and a 1,728 square foot refrigerated cooler room. The building features approximately 14,000 square feet of quality office space in the front, and a large fully fenced and paved yard area in the back. Adjacent 1.27 acre excess parcel is included for potential future expansion. Located adjacent to Costco, in close proximity to the Central Point I-5 interchange. Call listing Broker for further information.
Directions
Located on the NE corner of Airport Rd & Table Rock Road, near Costco

Status Change Information

Close Date
2026-08-10
Under Contract Date
2026-05-20
Status Change Timestamp
2026-08-11
Close Price
4975000
Sold Price per SqFt
71.07

More Information

Currently Not Used

List Price per SqFt
92.86

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
200
Listing Office: Pulver and Leever Real Estate
Last Updated: August - 11 - 2026
Broker Attribution: 541-773-5391

Information deemed reliable but not guaranteed.