0 Lear Way, Medford, OR 97504

Merit Commercial Real Estate is pleased to exclusively present 0 Lear Way, an infill development site in Medford, Oregon (the "Property" or the "Site"). The Property consists of two contiguous parcels. The total acreage of the lots is ±3.32 acres with the northern parcel, "Parcel 1", consisting of ±1.68 acres and the southern lot, "Parcel 2", being ±1.64 acres.

The Site presents a rare opportunity for investors and developers seeking industrial land in a strategic path of progress location with various light industrial and commercial projects currently underway in the area. The flexible I-L (Light Industrial) zoning allows for a broad range of uses including warehouse, office, and low intensity industrial in areas near residential and commercial zones.

Additionally, the Site is situated near an established commercial center featuring major national and regional retailers including Walmart, Lowe's, and Safeway along with other amenities, light industrial operations, professional offices, and some restaurants. The Property is also located within a federal Opportunity Zone, offering potentially significant tax advantages.

Southbound Highway 62 access, a major arterial within the Rogue Valley is less than ±0.5 miles from the Property and Interstate-5 access is a short 5-minute/±1.9 miles drive. The parcels' flat topography provides superior conditions for future development and planning, which strengthens overall site feasibility.

Utilities, including sewer, stormwater and water mains are serviced via the Medford Water Commission and Rogue Valley Sewer Services, main lines are either stubbed to the Site or are in close proximity at street. Buyer to confirm size, location, capacity and all other items regarding utilities.

Prospective buyers should note that the Property does have a section of wetlands and 100-year flood zone area located on the southernmost portion of the Site - roughly bisecting the lot near the southwest corner. Buyers could split the lots, lease excess unused land, or maximize use of the development land through a variety of other options. Buyer to confirm the permitted uses and assess feasibility and potential of further subdividing. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.