EXECUTIVE SUMMARY The Vilas Road Industrial Assemblage is ±9.88 acres of Light Industrial land in four contiguous parcels along East Vilas Road in Medford, Oregon, one of Southern Oregon's most active and supply-constrained industrial corridors. Offered at $2,550,000, approximately $258,100 per acre or $5.93 per square foot of land. The site sits minutes from Interstate 5, Highway 62 and Rogue Valley International–Medford Airport, and combines in-place income, breadth of permitted use, and phased development flexibility. The four parcels carry ±480 LF of East Vilas frontage and share access through a 66-foot driveway, forming a unified industrial site with level topography and a zoning district that supports manufacturing, freight and truck terminal operations, wholesale, vehicle service, contractor and machine shops, storage and yard uses, and multi-tenant flex. CURRENT INCOME & IMPROVEMENTS Existing improvements produce steady income while preserving development optionality. A ±1,800 SF leased commercial building at 579 E. Vilas carries three-phase power and three supplemental meters, and a rented mobile home sits behind it, together generating $3,100 per month, $37,200 a year gross ($2,200 commercial plus $900 residential) against a 2025 property tax of about $9,900. Two RV pads with full hookups serve the yard; the manufactured home occupies a third pad, a legal non-conforming use. The adjoining 605 E. Vilas parcel holds a 1,852 SF residence (1965), a 1,184 SF apartment, a long run of shop bays and an in-ground pool, all currently vacant. L-I does not permit standalone residential use, so land value is the primary driver at that parcel, though the structures adapt to permitted uses including a site office, enclosed storage, shop space or a caretaker dwelling. Buyer to verify permitting pathways with Jackson County. A 2.41-acre unimproved rear parcel (APN 10181891) and ±3.95 acres of surplus land at 579 E. Vilas are development-ready. ZONING, UTILITIES & INFRASTRUCTURE All four parcels are zoned L-I (Light Industrial) under Jackson County, inside the Medford Urban Growth Boundary, in an area of minimal flood hazard (buyer to verify overlays). The site carries a federal Opportunity Zone designation, relevant to investors reinvesting capital gains, subject to the purchaser's own structure and compliance. The district permits 68 uses and 63 of them clear at Type 1 or Type 2 review without a public hearing, covering low- and high-impact manufacturing, industrial services, truck terminal and freight forwarding, wholesale establishment, mini-warehouse and food-storage warehouse, vehicle sales, service and repair, contractor, machine and welding shops, and the full range of outdoor and equipment storage. Sewer service runs to both the commercial building and the residence through Rogue Valley Sewer Services. Power is three-phase and single-phase, with three supplemental meters at the commercial building, and Avista natural gas serves the site. A shared well serves the existing structures today; Medford Water Commission service lies across East Vilas Road and would require a line extension following annexation, with a tap available to each address. Level topography supports efficient site planning with minimal prep. STRATEGIC LOCATION & MARKET CONTEXT East Vilas Road carries 12,238 VPD, with Highway 62 carrying 28,100 to 29,300 VPD about a mile north. Within one mile there are 217 businesses, 3,264 workers and about $869 million in annual sales (Esri), confirming an established industrial hub. Demand anchors within two miles include Costco, the 2024 Amazon distribution center, Medford Airport and the I-5 and Highway 62 interchanges. FedEx Freight operates 0.7 of a mile away. Highway 62 ties Medford, White City and Eagle Point into I-5, and White City's industrial base and state enterprise zone anchor the north end of the same corridor. Roughly 37 acres along East Vilas already operate as RV, boat, vehicle, truck and self-storage, including a 9.47-acre facility directly across the street, with another 10 acres nearby at Helo Drive and Dillon Way. Demand in this corridor is observable rather than projected. Medford's 2025 Economic Opportunity Analysis found that only about a fifth of the city's vacant employment land meets the state's short-term development readiness benchmark. New construction rarely targets yard-oriented or small-bay product. In the listing brokers' opinion, L-I land values have appreciated roughly 25 to 30 percent from 2024 to mid-2025, small industrial buildings now trade at $300 to $325 per square foot, and flex and small-bay vacancy in the submarket is near zero. These are broker observations rather than published figures; buyer to verify independently.