Commercial Building Near Downtown
For Sale
$399,000
147 N Holly St, Medford, OR 97501
Standalone commercial building near downtown Medford, turnkey with equipment.
Property Size1,482 SF
Lot Size0.11 Acres
Price / SF$269.23
Days on Market186
Property Features for 147 N Holly St
General Information
Standard status
Active
Property type
Retail space, Retail properties & Spaces, Spa & wellness properties, Healthcare properties, Commercial real estate
Size
1,482 SF
Lot size
0.11 Acres
Building Details
Year Built
1930
Listed By:
James
(541) 601-3382
Added: Apr 13
Investment Insights
Based on property information with market context.
This is a standalone commercial building located near downtown Medford, Oregon. The property has a size of 1482 square feet and is situated on a lot of 0.11 acres. The building is described as turnkey and includes equipment. It is located in Medford, Oregon, with the postal code 97501.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,503
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,060
$410.1K
Cap Rate 7%
$292,900
$292.9K
Cap Rate 9%
$227,811
$227.8K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$32.0K $21.60/SF
− Vacancy
−$2.7K −$1.84/SF
EGI
$29.3K $19.76/SF
− OpEx
−$8.8K −$5.93/SF
NOI
$20.5K $13.83/SF
Area
Jackson County, OR
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,060
Cap Rate 7%
$292,900
Cap Rate 9%
$227,811
Alternative Uses
Best Use
Retail
$292.9K
$256.3K – $341.7K
NOI $20,503 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.7K
$313.0K – $417.3K
NOI $25,040 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,625
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 30%
Hotels & Casinos 1%
Red Robin Gourmet Burgers
Dining
24,662 visits/mo
0.5 miles
Taco Bell
Dining
11,770 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
10,144 visits/mo
0.5 miles
Umpqua Bank
Shops & Services
5,813 visits/mo
0.4 miles
Shell
Shops & Services
4,643 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Standalone commercial building near downtown Medford, turnkey with equipment.
Where is this retail space located?
The property is located at 147 N Holly St Medford, OR.
What is the asking price?
The asking price for this property is $399,000.
