824 N Riverside Avenue Medford, OR 97501
COMMERCIAL - Medford, OR
Property Features for 824 N Riverside Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Gated
- Window features
- Aluminum Frames, Garden Window(s), Vinyl Frames, Wood Frames
- Interior features
- Ceiling Fan(s)
- Standard status
- Active
- APN
- 10328614
- Size
- 3,210 SF
- Lot size
- 2.90 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9606
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating), Hot Water(Heating), Baseboard
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s), Ductless
- Water source
- Public
- Water front features
- Creek
- Water front
- 1
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Concrete, Vinyl
- Building materials
- Frame
- Roof type
- Composition
- Additional Structures
- Second Garage
Listing agent Cindy Williams License #201205344 (541) 779-3611
Listing office John L. Scott Medford 871 Medford Center, Medford, OR (541) 779-3611
Listing date Sep 9, 2025
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Investment Insights
Based on property information with market context.
Key Highlights
- 2.90‑acre site across six tax lots at 824‑902 N Riverside Ave., Medford
- Zoned C‑C (Community Commercial) with permitted uses including MFR‑30 multi‑family residential development
- Mixed‑use improvements include a 3,464 SF light industrial shop plus 3 single‑family residences
Local Financial Insights For Mixed Use
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 | $57.8k | $18.00 |
| − Vacancy | −$4.6k | −$1.44 |
| EGI | $53.2k | $16.56 |
| − OpEx | −$19.9k | −$6.21 |
| NOI | $33.2k | $10.35 |
