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$1,710,000
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Property Description
NNN leased property. great cash flow. great tenant with term lease. located in growing area near the airport and Highway 62.
Full Property Details
Full Property Details for 2040 Commerce Dr
General
- Sold For: $1,710,000
- Taxes: $5,758 (2022)
- Status: Closed
- Type: Commercial
- Source: ODS
- MLS ID: 220170038
- Added to Site: 882 day(s) ago
Interior
- Flooring: Carpet, Concrete, Vinyl
Parking
- Total Spaces: 25
- Parking Features: Asphalt, Gravel
- Parking: Primary Suite
Location
- Area: 7500
- County: Jackson
- Cross Streets: Lear Way
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Forced Air, Heat Pump, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Steel Framing
- Foundation: Slab
- Roof: Composition, Metal
- Common Walls: No Common Walls
- Stories/Levels: 2
- Square Feet: 7,500
- Sq. Ft. Source: Other
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829
- Zoning: I-L
Financial Considerations
- Price Per Sq. Ft.: $240
- Tax Amount: $5,758.64
- Tax Year: 2022
- Terms: Cash, Conventional
- Tenant Pays: Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Insurance, Interior Maintenance, Janitorial Service, Repairs, Sewer, Taxes, Water, Other
Disclosures and Reports
- Special Conditions: Standard
- APN: 1-0731348
- Section: Not Applicable
Listed by Merit Commercial RE, LLC (541) 608-6704, Scott N King (541) 890-6708
Sold by No Office (541) 890-6708, Non ODS Realtor
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Schools
Schools serving 2040 Commerce Dr
School District:Medford School District 549
| Name | Grades | Distance |
|---|---|---|
Wilson Elementary School, Medford, OR 1400 Johnson Street, Medford, OR 97504 | K-5 | 1.8 mi |
Hedrick Middle School 1501 East Jackson Street, Medford, OR 97504 | 6-8 | 2.7 mi |
North Medford High School 1900 N Keene Way Dr, Medford, OR 97501 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2040 Commerce Dr
Date
Details
Price
Change
Source
12/05/2024
Sold
$1,710,000
-5%
MLS
8/11/2023
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2040 Commerce Drive, Medford, OR 97504 (MLS# 220170038) is a Commercial property that was sold at $1,710,000 on December 05, 2024. Want to learn more about 2040 Commerce Drive? Do you have questions about finding other Commercial real estate for sale in Medford? You can browse all Medford real estate or contact a Coldwell Banker agent to request more information.

