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    853 Riverside Ave Medford, OR 97501

    For Sale
    $4,235,000

    Prime Medford location, 51,000 sq ft, 88% leased.

    Property size:
    51,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a 51,000 square foot warehouse complex situated on a 3.45-acre lot at 853 S Riverside Avenue in Medford, Oregon. The property boasts four separate buildings, strategically located within Medford's central business district, offering easy access via Riverside Avenue. The complex enjoys a high occupancy rate of 88%, currently housing a diverse tenant base including an appliance parts store, a towing company, a marketing firm, and cannabis-related businesses. This stable, high-yield investment is characterized by its strong, long-term tenants, minimizing vacancy risk and maximizing return. The buildings feature excellent roof conditions and flexible ceiling heights, providing adaptability for a variety of commercial uses. The property's prime location in a high-demand industrial zone ensures continued strong rental income potential. This is an ideal opportunity for investors seeking a reliable, hands-off investment with significant long-term growth prospects. The property is offered at $4,235,000. Please note that tenant contact is prohibited.

    Property Features for 853 Riverside Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    51,000 SF
    Lot Size
    150,282 SF

    Building Details

    Year Built
    1964
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wall Auctioneers Auction House Eads Moving & Storage Mover Rogue Valley Storage ... Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8627
    Latitude
    42.31957

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Medford location, 51,000 sq ft, 88% leased.
    Where is this commercial real estate located?
    The property is located at 853 Riverside Ave Medford, OR.
    What is the asking price?
    The asking price for this property is $4,235,000.
    (541) 734-5500
    Request Owner's contact information
    853 Riverside Ave Medford, OR 97501
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    Medford, OR 97501
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    Realmo Value Estimation

    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.

    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.

    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
    853 Riverside Ave Medford, OR 97501
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