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Retail Suite with Parking
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1594 Biddle Rd #104, Medford, OR 97504

Parking is available for businesses occupying this East Medford space.

Property Size1,026 SF
Days on Market3

Property Features for 1594 Biddle Rd #104

General Information

Standard status Active
Size 1,026 SF
Property subtype Commercial

Building Details

Year Built 1996
Listing Agency: Sunriver Realty
Listed By: Strategic Realty, LLC
Source: Movetobend
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 4:37PM

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 Sunriver Realty

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Investment Insights

Based on property information with market context.

This 1,026-square-foot retail suite is offered for lease and was built in 1996. Parking is available for the space.

The property is at 1594 Biddle Rd #104 in East Medford, Oregon.

Key Highlights

  • 1,026 square feet of retail space
  • Built in 1996
  • East Medford address at 1594 Biddle Rd #104

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,195
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,900 $283.9K
Cap Rate 7%
$202,786 $202.8K
Cap Rate 9%
$157,722 $157.7K
Market Conditions
NOI Build-Up for 1,026 SF
Gross rent
$22.2K $21.60/SF
− Vacancy
−$1.9K −$1.84/SF
EGI
$20.3K $19.76/SF
− OpEx
−$6.1K −$5.93/SF
NOI
$14.2K $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%
$283,900
Cap Rate 7%
$202,786
Cap Rate 9%
$157,722

Alternative Uses

Best Use
Retail
$202.8K
$177.4K – $236.6K (±1% cap)
NOI $14,195 @ 7.0% cap · market cap 1,419,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$247.6K
$216.7K – $288.9K (±1% cap)
NOI $17,335 @ 7.0% cap · market cap 1,733,500.00%
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

FedEx Office Print ... Courier Service Rush My Passport Travel Agency Forensic Accounting Corp Accounting Firm FedEx Drop Box Postal Service Digital Investigations Law Firm

Suggested Use

Top Pick Plumbing Service Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store HVAC Service Butcher

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

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby
768k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 22% Dining 21% Superstores 19% Apparel 18%
Target Superstores
116,381 visits/mo 0.2 miles
Fred Meyer Groceries
78,277 visits/mo 0.4 miles
In-N-Out Burger Dining
64,507 visits/mo 0.4 miles
Trader Joe's Groceries
43,025 visits/mo 0.5 miles
Kohl's Apparel
43,012 visits/mo 0.3 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Parking is available for businesses occupying this East Medford space.
Where is this retail space located?
The property is located at 1594 Biddle Rd #104 Medford, OR.
What are key features of this property?
This property features: 1,026 square feet of retail space; Built in 1996; East Medford address at 1594 Biddle Rd #104
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