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Property profile & analytics

304 Central Ave Medford, OR 97501-7226

  • Office Properties & Spaces
  • 2,256 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimations
$295,000
Show details
Cap Rate Potential
9.7%
Office Properties & Spaces
Location Intelligence
Property ID
US71-0197113
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 304 Central Ave

Lot size
0.11 lot acres
Property size
2,256 SF
Zone code
C-C
Property type
Office Properties & Spaces
APN
1-0371587
APU
10371587

Description

This exceptional 2,256 square foot commercial building is situated at 304 S Central Avenue in Medford, Oregon, on a 0.11-acre lot. Its prime location boasts high traffic and excellent visibility, making it an ideal space for a variety of businesses. Conveniently located across the street from paid parking, this property ensures easy access for customers and employees. The building itself is meticulously maintained, boasting a strong history of upkeep. The interior space is efficiently designed, offering 2256 square feet spread across two stories. The layout includes two bathrooms and a functional galley-style kitchenette/break room, adding to its practicality. Previously occupied by Chambers and more recently Medford Mattress, this versatile space presents limitless possibilities for a new owner. Its adaptable design makes it suitable for a wide range of commercial uses, including, but not limited to, a salon. The asking price for this exceptional property is $429,000. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Medford location. Don't miss out on this chance to establish your business in a prime spot.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $240,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $290,000
    Market price range: $111k - $415k
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $365,000
    RETAIL STORES
    $360,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Medford
County
Jackson
State
Oregon
Longitude
-122.87
Latitude
42.3239
CBSA code
32780
CBSA name
MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,981
$109,160
$157,800
$266,960
-
$128,710
$186,110
$314,820
More about this property
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