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For sale New · today

5130 Rainbow Drive #102

Medford, OR 97502

Baths: 0
Acres: 1.35
Built: 2026

Est. $41/mo~214 min to downtown Bend (approx.)

Listing by Merit Commercial RE, LLC · 541-608-6704

MLS# 220230191 · Active

About this home

Position your business in a newly constructed 2,500 SF flex space conveniently located on Rainbow Drive offering easy access to Vilas Road, this versatile property is well suited for a variety of commercial, warehouse, storage, and light industrial uses. The property is fully fenced and gated, providing added security and controlled access. The thoughtfully designed space features a 14-foot roll-up door, 200-amp electrical service, gas heating, and a private restroom. With its modern construction, functional layout, and secured premises, this property offers an excellent opportunity for businesses seeking a clean, efficient, and versatile workspace. Subject Property is offered on a modified gross lease.

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Price history

0 days, no changes

Date	Event	Price
Oct 18, 2026	Listed for sale	$1

From the MLS: original list price and latest price change. 0 days on market.

Drive times

~214 min to downtown Bend

Mt. Bachelor~193 min · 162.6 mi
Sunriver Village~194 min · 163.6 mi
Old Mill District~213 min · 180.5 mi
Downtown Bend~214 min · 181.4 mi
St. Charles Bend~217 min · 184.1 mi
Sisters~226 min · 191.5 mi
Redmond Airport (RDM)~237 min · 201.9 mi
Smith Rock State Park~247 min · 210.7 mi

Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.

Facts & features

Built 2026

Year built: 2026
Stories: 1
Lot: 1.35 AC · 58,806 SF
HOA: None reported
Taxes: $497/yr
County: Jackson
Days on market: 0
MLS #: 220230191

Flooring: Concrete
Heating: Natural Gas
Parking: Parking Lot · Gated
Lot: Fenced · Level
Construction: Steel Frame
Roof: Metal

Location & schools

Medford

42.3900° N · 122.8779° W

Directions

Monthly payment

$41/mo

$1 loan · 30 yr fixed · 6.5%

Property tax (listing): $41

Down payment20% · $0

Interest rate6.500%

Loan term

Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.

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Listing information provided by Oregon Data Share. Data last updated Oct 19, 2026, 2:00 PM.

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