Fully Leased Auto Shop
For Sale
$610,000
1250 W McAndrews Road, Medford, OR 97501
Metal-sided automotive facility with workshop areas, service space, vehicle storage, and abundant on-site parking.
Property Size4,448 SF
Days on Market153
Property Features for 1250 W McAndrews Road
General Information
Standard status
Active
Size
4,448 SF
Property subtype
Commercial
Zoning
CC
Taxes and HOA fees
Annual Taxes
$5,213
Building Details
Building Size
4,448 SF
Stories
1
Units
2
Listing Agency:
eXp Realty, LLC
(541) 326-6596
Listed By:
Steve Thomas Group · License #201221244
(541) 326-6596
Source:
Allprofessionalsre
Added: Apr 1
Changed: Aug 30
Last Checked: Aug 30 at 5:47PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This 4,448-square-foot automotive property occupies a 0.54-acre lot and is configured for mechanic and auto body operations. The improvements include functional workshop and service areas, vehicle storage space, concrete interior surfaces, metal exterior construction, and gravel-covered outdoor areas. A carbon monoxide detector is also present. The property is fully leased and occupied by three established businesses operating daily.
Positioned on W McAndrews Road in Medford, the site offers visibility, drive-by exposure, and access from the surrounding roadway. The existing layout supports automotive service activity, with room for work areas, vehicle movement, storage, and parking. The property is currently used as an automotive hub, and the source information also identifies possible additional car-lot use.
Positioned on W McAndrews Road in Medford, the site offers visibility, drive-by exposure, and access from the surrounding roadway. The existing layout supports automotive service activity, with room for work areas, vehicle movement, storage, and parking. The property is currently used as an automotive hub, and the source information also identifies possible additional car-lot use.
Key Highlights
- 4,448‑square‑foot commercial automotive building
- 0.54‑acre lot with workshop and service areas
- Fully leased and occupied by three established businesses
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
$28,369
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
4.65%
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%
$567,380
$567.4K
Cap Rate 7%
$405,271
$405.3K
Cap Rate 9%
$315,211
$315.2K
Market Conditions
NOI Build-Up for 4,448 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
$42.2K $9.48/SF
− Vacancy
−$1.6K −$0.37/SF
EGI
$40.5K $9.11/SF
− OpEx
−$12.2K −$2.73/SF
NOI
$28.4K $6.38/SF
Area
Jackson County, OR
Vacancy
3.89%
Lease Rate
$9.48 /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%
$567,380
Cap Rate 7%
$405,271
Cap Rate 9%
$315,211
Alternative Uses
Best Use
Retail
$879.1K
$769.2K – $1.03M
NOI $61,537 @ 7.0% cap · market cap 10.09%
Second Best
Industrial
$405.3K
$354.6K – $472.8K
NOI $28,369 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$1.07M
$939.4K – $1.25M
NOI $75,153 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
137k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 26%
Groceries 22%
Home Improvements & Furnishings 19%
Albertsons
Groceries
29,929 visits/mo
0.2 miles
Black Bird
Home Improvements & Furnishings
25,311 visits/mo
0.3 miles
Taco Bell
Dining
14,092 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,061 visits/mo
0.3 miles
Muchas Gracias
Dining
13,288 visits/mo
0.2 miles
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 Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Lord's Prayer Automotive Repair — 339 Oak Grove Rd #8, Medford, OR 97501
- Oilstop Drive Thru Oil Change — 64 Lozier Ln, Medford, OR 97501
- The Wash Buggy Auto Spa — 2718 W Main St, Medford, OR 97501
- Fix N Go — 2404 W Main St Unit B, Medford, OR 97501
- All American Fleet and Auto — 2404 W Main St suite c, Medford, OR 97501
Frequently Asked Questions
What type of property is this?
Auto shop - Metal-sided automotive facility with workshop areas, service space, vehicle storage, and abundant on-site parking.
Where is this auto shop located?
The property is located at 1250 W McAndrews Road Medford, OR.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: 4,448‑square‑foot commercial automotive building; 0.54‑acre lot with workshop and service areas; Fully leased and occupied by three established businesses
