Vilas Road Industrial Assemblage

Acreage

9.88 acres

Building Size

430,373 SF

Zoning

L-I

The Vilas Road Industrial Assemblage comprises 9.88 contiguous acres of Light Industrial-zoned land along East Vilas Road in Central Point, within Medford's Urban Growth Boundary and a federal Opportunity Zone. The site offers level topography, 480 feet of frontage on a road carrying over 12,000 vehicles daily, and a 66-foot shared driveway built to handle truck traffic. Three-phase and single-phase power is on-site with three supplemental meters at the existing commercial building, alongside Avista natural gas, sewer service through Rogue Valley Sewer Services, and shared well water with city water available upon annexation. Location anchors the opportunity. The property sits minutes from Interstate 5 and Highway 62, less than a mile from FedEx Freight, and within two miles of Rogue Valley International Airport, Amazon's 2024 distribution center, and a regional Costco. The surrounding corridor supports over 200 businesses generating nearly $869 million in annual sales, with immediate adjacency to built-out storage and industrial operators working parcels smaller than this assemblage. The Light Industrial district permits 68 uses, with 63 decided by staff review rather than public hearing, expediting permitting timelines. Two existing tenancies at 579 East Vilas generate $3,100 monthly, covering property tax obligations during entitlement and design phases. The commercial building and secondary structures at 605 East Vilas provide immediate site offices, storage, or shop space under permitted uses, though the land value drives the acquisition thesis. Medford's 2025 Economic Opportunity Analysis found that only a fifth of the city's vacant employment land meets short-term readiness benchmarks, making shovel-ready infill sites increasingly scarce.