Flex Space with Showroom
For Sale
$999,000
1025 Court Street, Medford, OR 97501
Reception, showroom, offices, and a shop with exterior roll-up door plus secure fenced rear area.
Property Size6,328 SF
Days on Market81
Property Features for 1025 Court Street
General Information
Standard status
Active
Size
6,328 SF
Property subtype
Commercial
Zoning
C-G
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$13,794
Amenities
reception area
floor to ceiling windows
conference room
kitchenette
break room
fenced & gated rear area
adjacent to small city park
Building Details
Building Size
6,328 SF
Year Built
1963
Stories
1
Units
2
Listing Agency:
Ramsay Realty Branch
(541) 899-7969
Listed By:
Elizabeth Hofmann
(541) 301-4555
Source:
Allprofessionalsre
Added: Jun 20
Changed: Sep 8
Last Checked: Sep 7 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ramsay Realty Branch
Investment Insights
Based on property information with market context.
This adaptable flex space is designed for a combination of customer-facing and back-office use. The front reception area opens to a spacious showroom with abundant natural light through floor-to-ceiling windows. An open office area sits between the front desk and showroom, along with a small conference room with glass doors, two private offices, and a bonus room suited for smaller displays. A shop area is enclosed by sliding doors and includes exterior access via a roll-up door, with office and bonus room space connected to the shop.
The showroom area also connects to a second unit through a walk-through kitchenette, with central lavatories and a large break room. The second area provides two additional bright offices and a central waiting room. An accessible 1,250 sq. ft. basement offers a dividable meeting room, office, and bonus room, with ample storage throughout.
Vehicle access is provided from both Court St and W Main, and the property is adjacent to a small city park. A fenced and gated rear area offers secure space for tenant needs and storage.
The showroom area also connects to a second unit through a walk-through kitchenette, with central lavatories and a large break room. The second area provides two additional bright offices and a central waiting room. An accessible 1,250 sq. ft. basement offers a dividable meeting room, office, and bonus room, with ample storage throughout.
Vehicle access is provided from both Court St and W Main, and the property is adjacent to a small city park. A fenced and gated rear area offers secure space for tenant needs and storage.
Key Highlights
- Reception area opening to a spacious showroom with floor‑to‑ceiling windows for abundant natural light
- Showroom/office layout includes an open office, small conference room with glass doors, two private offices, and a bonus room for display
- Shop area is closed off with sliding doors and features a roll‑up door with exterior access, plus an office and bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,547
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,750,940
$1.8M
Cap Rate 7%
$1,250,671
$1.3M
Cap Rate 9%
$972,744
$972.7K
Market Conditions
NOI Build-Up for 6,328 SF
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.
Gross rent
$136.7K $21.60/SF
− Vacancy
−$11.6K −$1.84/SF
EGI
$125.1K $19.76/SF
− OpEx
−$37.5K −$5.93/SF
NOI
$87.5K $13.83/SF
Area
Jackson County, OR
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,750,940
Cap Rate 7%
$1,250,671
Cap Rate 9%
$972,744
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,547 @ 7.0% cap · market cap 8.76%
Second Best
Flex RnD
$824.1K
$721.1K – $961.5K
NOI $57,688 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,918 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,427
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Reception, showroom, offices, and a shop with exterior roll-up door plus secure fenced rear area.
Where is this flex space located?
The property is located at 1025 Court Street Medford, OR.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Reception area opening to a spacious showroom with floor‑to‑ceiling windows for abundant natural light; Showroom/office layout includes an open office, small conference room with glass doors, two private offices, and a bonus room for display; Shop area is closed off with sliding doors and features a roll‑up door with exterior access, plus an office and bonus room
