1016 Court Street, Medford, OR 97501
- Added:
- Mar 10, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1016 Court Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- APN
- 10388458
- Size
- 1,088 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3074
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Hardwood
- Building materials
- Frame
- Roof type
- Composition
Listing agent James E North License #200310092 (541) 734-5280
Listing office John L. Scott Medford 871 Medford Center, Medford, OR (541) 779-3611
Listing date Mar 10, 2026
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Zoned C‑G in central Medford, offering a variety of uses
- Rented for $1,400 per month
- Brand new roof
- 10 paved parking spaces on the side and back of the property
- Includes a covered front porch, reception area, 4 private offices, kitchen, and bathroom
- Back covered patio with 2 private entrances for multiple tenant possibilities
Overview
The property is zoned C-G and sits on a 0.13-acre lot at 1016 Court Street in Medford, Oregon (Jackson County). Parking is provided with 10 paved spaces located on the side and back of the building, supporting convenient access for employees and visitors.
For tenants and buyers, the configuration provides dedicated private office space along with rear access points for multiple tenant possibilities. The building is currently rented for $1,400 per month, offering an immediately occupied setup while preserving the ability to reconfigure occupancy around the existing entrance and office layout.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.9k | $19.20 |
| − Vacancy | −$3.1k | −$2.88 |
| EGI | $17.8k | $16.32 |
| − OpEx | −$4.4k | −$4.08 |
| NOI | $13.3k | $12.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.880146
- Latitude
- 42.335809
