Divisible Office
145 N Bartlett St #C, Medford, OR 97501
For Sale
New
Contact for pricing
The single-level layout includes private offices, a kitchen, a break room, and storage.
Property Size4,000 SF
Days on Market3
Property Features for 145 N Bartlett St #C
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Amenities
kitchen
break room
private offices
storage
Building Details
Year Built
Listing Agency:
Livoregon Real Estate LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Nov 8
Last Checked: Nov 10 at 7:53AM
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 Livoregon Real Estate LLC
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Investment Insights
Based on property information with market context.
This 4,000-square-foot office property in Lithia Commons offers a single-level configuration with multiple private offices, a kitchen, a break room, and storage. The space can be divided, and it was built in 1956. C-C zoning is in place; permitted uses should be confirmed with the City of Medford.
The property is next to Lithia Motors’ headquarters in downtown Medford. Hawthorne Park, the site of proposed minor league baseball, conference center, and hotel development, is two blocks away. The downtown revitalization plan is also noted for the area.
The property is next to Lithia Motors’ headquarters in downtown Medford. Hawthorne Park, the site of proposed minor league baseball, conference center, and hotel development, is two blocks away. The downtown revitalization plan is also noted for the area.
Key Highlights
- 4,000‑square‑foot office property
- Space can be divided; single‑level configuration
- Multiple private offices, kitchen, break room, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,960
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,200
$979.2K
Cap Rate 7%
$699,429
$699.4K
Cap Rate 9%
$544,000
$544.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$76.8K $19.20/SF
− Vacancy
−$11.5K −$2.88/SF
EGI
$65.3K $16.32/SF
− OpEx
−$16.3K −$4.08/SF
NOI
$49.0K $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%
$979,200
Cap Rate 7%
$699,429
Cap Rate 9%
$544,000
Alternative Uses
Best Use
Office B
$699.4K
$612.0K – $816.0K
NOI $48,960 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$965.5K
$844.8K – $1.13M
NOI $67,584 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,188
Businesses Nearby
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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
$325,200
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Medford, OR
Properties on Market for Office Units in Medford
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The single-level layout includes private offices, a kitchen, a break room, and storage.
Where is this office unit located?
The property is located at 145 N Bartlett St #C Medford, OR.
What are key features of this property?
This property features: 4,000‑square‑foot office property; Space can be divided; single‑level configuration; Multiple private offices, kitchen, break room, and storage
