579 E Vilas Road, Central Point, OR 97502

📈 Investment Overview

The Vilas Road Industrial Assemblage offers an outstanding owner-user or investor opportunity to acquire ±9.88 acres of L-I (Light Industrial) land with in-place income and clear redevelopment potential. Current rents of $3,100/month offset holding costs while providing flexibility for re-tenanting, phased redevelopment, or long-term hold. With excellent frontage, advanced utilities, and proximity to I-5, Hwy 62, and the Medford Airport, this property combines immediate functionality with long-term appreciation potential in one of Southern Oregon’s most supply-constrained industrial corridors.

• ±9.88-acre Light Industrial assemblage across four contiguous parcels with ±480′ East Vilas frontage

• Income-producing improvements: ±1,800 SF leased commercial building with 3-phase power + rented mobile home ($3,100/mo combined income)

• Flexible redevelopment: 1,852 SF residence + 880 SF ADU (vacant) ideal for conversion or industrial buildout

• L-I zoning supporting manufacturing, warehousing, storage, contractor yards, and service-oriented industrial uses

• Robust utilities: Public sewer, Avista natural gas, 3-phase + single-phase power, public water connection available

• High-visibility corridor: 12,600+ VPD with shared 66′ driveway and excellent access to Airport, I-5, and Hwy 62

• Prime location strength: Located in one of Medford’s fastest-growing industrial corridors with strong absorption and sustained investor demand

• Regional anchors: Costco and Amazon Distribution Center (built 2024) within 2 miles

• Multiple strategies: Suitable for owner-users, multi-tenant redevelopment, or long-term land bank holding