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    The Largest CRE Database in the US with Over 1 Million Listings

    36 S Riverside Ave Medford, OR 97501

    Sponsored
    For Sale
    $379,000

    COMMERCIAL - Medford, OR

    Property size:
    1,944 SF
    Lot size:
    0.07 Acres
    Days on Market:
    29
    Last Refresh:
    Feb 27 at 6:06 pm

    Property Features for 36 S Riverside Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security System
    Window features
    Tinted Windows, Skylight(s), Wood Frames
    APN
    10370078
    Interior features
    Solar Tube(s), Wired for Data, Wired for Sound
    Size
    1,944 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Ductless (Heating)
    Cooling system
    Ductless
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Simulated wood
    Building materials
    Block
    Roof type
    Built-Up

    We can help!

    Listing Contact
    Lisa Sears

    EXP REALTY LLC (888) 814-9613

    Listing agent Lisa Sears

    Listing date Jan 30, 2026

    MLS# 220186997

    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.

    Learn more

    Property Insight Report

    Overview

    Downtown Medford Commercial Corner Location

    This 1,944 sq ft single-story commercial building is located in downtown Medford at a lighted intersection, offering excellent visibility and high vehicle and pedestrian traffic. Situated along a main thoroughfare into town and adjacent to the RCC Higher Ed Center, the property includes an additional approximately 1,000 sq ft basement suitable for storage or expansion. The building features two separate entrances, large street-facing showroom windows, two offices, and two bathrooms. An open showroom area and a basement are also included. The property is wired for data and sound, equipped with four speakers. The flexible floor plan allows for easy reconfiguration to accommodate a variety of business uses. The property benefits from a large public parking lot located next door. It is located in a designated Opportunity Zone and is within walking distance of downtown dining, entertainment, and businesses. The Community Commercial (C-C) zoning permits many uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adams Atm's Atm Mother Earth Medicines Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Beavertooth Oak, CAP Concrete Coatings, Jeff Jarvis Tile & Stone

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.87022
    Latitude
    42.326564

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    FAQs

    What type of property is this?
    Showroom - Prime commercial building with high visibility and flexible floor plan.
    Where is this showroom located?
    The property is located at 36 S Riverside Ave Medford, OR.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - Prime downtown corner location with **high visibility and traffic**; - Large public parking lot next door; - Located in a designated Opportunity Zone
    (541) 659-1209
    Request Owner's contact information
    36 S Riverside Ave Medford, OR 97501
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    Medford, OR 97501
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 S Riverside Ave Medford, OR 97501
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    We can help!
    Listing Contact
    Lisa Sears
    Real Estate License ID: 200112099
    (541) 659-1209 (888) 814-9613 (541) 608-0447
    Learn more
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