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Office Building with Alley Access

1108 E Jackson Street, Medford, OR 97504

For Sale
$488,000

C-S/P zoning covers service-commercial and professional office categories, with intended use subject to due diligence.

Property Size2,330 SF
Lot Size0.13 Acres
Price / SF$209.44
Days on Market85

Property Features for 1108 E Jackson Street

General Information

Standard status Active
Size 2,330 SF
Lot size 0.13 Acres
Property subtype Commercial
Zoning C-S/P

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $5,357

Amenities

Built-in Features
Laminate Counters
High Speed Internet

Building Details

Building Size 2,330 SF
Year Built 1948
Buildings 1
Stories 1
Units 1
Listing Agency: Windermere Van Vleet & Assoc.
Listed By: CheyAnne Boen
Source: Desertskyrealestate
Added: Aug 17 Changed: Nov 8 Last Checked: Nov 8 at 8:51AM

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 Windermere Van Vleet & Assoc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property at 1108 E Jackson Street occupies a 0.13-acre parcel in Medford. The building dates to 1948, and alley access is available. Its C-S/P zoning is identified as Service Commercial & Professional Office; buyers should verify that a proposed use is permitted.

The property is in East Medford, with access to downtown Medford and nearby neighborhoods. It fronts E Jackson Street.

Key Highlights

  • 0.13‑acre parcel in East Medford
  • 1948 construction
  • Alley access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,519
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,380 $570.4K
Cap Rate 7%
$407,414 $407.4K
Cap Rate 9%
$316,878 $316.9K
Market Conditions
NOI Build-Up for 2,330 SF
Gross rent
$44.7K $19.20/SF
− Vacancy
−$6.7K −$2.88/SF
EGI
$38.0K $16.32/SF
− OpEx
−$9.5K −$4.08/SF
NOI
$28.5K $12.24/SF
Area
Jackson County, OR
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,380
Cap Rate 7%
$407,414
Cap Rate 9%
$316,878

Alternative Uses

Best Use
Office B
$407.4K
$356.5K – $475.3K (±1% cap)
NOI $28,519 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$562.4K
$492.1K – $656.1K (±1% cap)
NOI $39,368 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Steve Ennis Project ... Architect

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Florist HVAC Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,201
Businesses Nearby

Demographics for 97504, OR

49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Medford, OR

$147 Jul
$187 Aug
$171 Sep
$145 Oct

Properties on Market for Office buildings in Medford

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - C-S/P zoning covers service-commercial and professional office categories, with intended use subject to due diligence.
Where is this office building located?
The property is located at 1108 E Jackson Street Medford, OR.
What is the asking price?
The asking price for this property is $488,000.
What are key features of this property?
This property features: 0.13‑acre parcel in East Medford; 1948 construction; Alley access
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Includes: Price & PSF · Cap rate · Location · Zoning

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