Open-Plan Office
For Sale
Contact for pricing
1400 Ashland Street 3 & 3A, Ashland, OR 97520
C-1 zoning and multiple entrances provide flexibility for office-oriented occupancy and potential space division.
Property Size4,123 SF
Days on Market49
Property Features for 1400 Ashland Street 3 & 3A
General Information
Standard status
Active
Size
4,123 SF
Zoning
C-1
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Alex M Aaronson · License #201209927
(832) 741-5106
Source:
Gatewayteam
Added: Sep 5
Changed: Oct 7
Last Checked: Oct 20 at 7:55PM
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 John L. Scott Medford
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Investment Insights
Based on property information with market context.
This office unit offers 4,123 square feet of usable interior space arranged with two rooms and a half bath. The layout includes multiple entrance points, and the building owner is willing to consider dividing the premises for an occupant that does not require the full area. Floor plans are available for review.
The property is located at 1400 Ashland Street in Ashland, Oregon. A parking lot serves the building and its visitors. The C-1 zoning designation allows a range of uses, subject to confirmation with the City of Ashland. Appointments are required to view the space.
The property is located at 1400 Ashland Street in Ashland, Oregon. A parking lot serves the building and its visitors. The C-1 zoning designation allows a range of uses, subject to confirmation with the City of Ashland. Appointments are required to view the space.
Key Highlights
- 4,123 sq ft of usable interior space
- Two rooms and a half bath
- Multiple entrance points within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,466
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,320
$1.0M
Cap Rate 7%
$720,943
$720.9K
Cap Rate 9%
$560,733
$560.7K
Market Conditions
NOI Build-Up for 4,123 SF
Gross rent
$79.2K $19.20/SF
− Vacancy
−$11.9K −$2.88/SF
EGI
$67.3K $16.32/SF
− OpEx
−$16.8K −$4.08/SF
NOI
$50.5K $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%
$1,009,320
Cap Rate 7%
$720,943
Cap Rate 9%
$560,733
Alternative Uses
Best Use
Healthcare Medical
$854.0K
$747.2K – $996.3K
NOI $59,779 @ 7.0% cap · market cap 5,977,900.00%
Second Best
Office B
$720.9K
$630.8K – $841.1K
NOI $50,466 @ 7.0% cap · market cap 5,046,600.00%
Theoretical Best
Office A
$995.2K
$870.8K – $1.16M
NOI $69,662 @ 7.0% cap · market cap 6,966,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
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Business Placement
Demographics for 97520, OR
25,970
Population
13,964
Households
1.9
Avg Household Size
47
Median Age
61%
College-Educated
96%
High-School Grad
328.8 sq mi
ZIP Area
79
Density / Sq Mi
$71,485
Median Household Income
$31,869
Median Earnings
$1,360
Median Rent
$568,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - C-1 zoning and multiple entrances provide flexibility for office-oriented occupancy and potential space division.
Where is this office unit located?
The property is located at 1400 Ashland Street 3 & 3A Ashland, OR.
What are key features of this property?
This property features: 4,123 sq ft of usable interior space; Two rooms and a half bath; Multiple entrance points within the unit
