579 E Vilas Rd - Vilas Road Assemblage 9.88 Acres of Industrial Land Offered at $2,875,000 in Medford, OR 97502

EXECUTIVE SUMMARY
The Vilas Road Industrial Assemblage presents a rare opportunity to acquire a ±9.88-acre Light Industrial holding along East Vilas Road in Medford, Oregon—one of Southern Oregon’s most active and supply-constrained industrial corridors. Located minutes from Interstate 5, Highway 62, and the Rogue Valley International–Medford Airport, the property combines in-place income, redevelopment flexibility, and long-term appreciation potential amid strong absorption and sustained investor demand.
The offering consists of four contiguous parcels with approximately ±480 feet of East Vilas frontage and shared access via a 66-foot driveway, forming a unified industrial site with full utilities, level topography, and zoning that supports a broad range of low-impact manufacturing, warehousing, contractor yard, and service-oriented uses.
Current Income & Improvements
Existing improvements provide steady income while preserving future development optionality. The property includes a ±1,800 SF leased commercial building with 3-phase power and three single-phase meters, plus a rented mobile home, generating $3,100 per month ($2,200 commercial + $900 residential). The adjacent 605 E. Vilas Rd parcel includes a 1,852 SF residence and an 880 SF ADU, both vacant and suitable for conversion or future industrial build-out. This configuration allows an owner-user or investor to offset holding costs while pursuing phased redevelopment.
Zoning, Utilities & Infrastructure
All parcels are zoned L-I (Light Industrial) under Jackson County, located within the Medford Urban Growth Boundary, and free of floodplain, airport, or historic overlays. Zoning supports fabrication, assembly, distribution, storage, and contractor operations. Public sewer, Avista natural gas, and robust electrical infrastructure are in place, with public water connection available as shared well use transitions. Flat topography supports efficient site planning and development.
Strategic Location & Market Context
East Vilas Road carries 12,600+ vehicles per day and provides direct access to regional transportation networks. The corridor continues to attract contractors, logistics operators, and light manufacturers seeking centrally located industrial space near workforce and distribution routes. Nearby anchors including Costco and the Amazon Distribution Center (2024), both within roughly two miles, reinforce demand. New development across the street—a 9.47-acre RV and boat storage facility—further validates the corridor’s strength, with planned transportation improvements expected to enhance long-term connectivity.
Southern Oregon’s industrial market remains characterized by tight vacancy, limited new supply, and rising rents. With land near the airport and central Medford increasingly constrained, East Vilas Road stands out as one of the few remaining corridors offering both scale and accessibility.
Investment Overview
Offered at $2,875,000, the Vilas Road Industrial Assemblage offers a compelling blend of income, infrastructure, and redevelopment upside. Viable strategies include owner-user occupancy, phased redevelopment into flex or warehouse space, or long-term hold benefiting from continued corridor maturation and land appreciation.
Summary
With scale, visibility, full utilities, flexible L-I zoning, and proximity to major regional anchors, this assemblage represents one of the most strategic remaining industrial tracts along East Vilas Road—well positioned for industrial users, developers, and investors seeking durable cash flow and meaningful upside in a high-demand Medford submarket.