Office Condominium
1762 E McAndrews Rd Ste C, Medford, OR 97504
For Sale
$96,600
Small office condominium with access to E. McAndrews Road and nearby commercial services.
Property Size644 SF
Days on Market60
Property Features for 1762 E McAndrews Rd Ste C
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Road Access
Building Details
Building Size
Stories
Listing Agency:
RE/Max Platinum
Listed By:
Richard Bauernfeind · License OR #830800056
(541) 608-2050
Source:
Cbcworldwide
Added: Sep 16
Changed: Nov 7
Last Checked: Nov 12 at 4:18AM
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 RE/Max Platinum
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite C is a small office condominium at 1762 E McAndrews Road in Medford, Oregon. The property provides an office setting within a condominium format and is identified for sale.
The suite has access to E. McAndrews Road, with businesses and services in the surrounding area. Major Medford thoroughfares are also accessible from the property.
The suite has access to E. McAndrews Road, with businesses and services in the surrounding area. Major Medford thoroughfares are also accessible from the property.
Key Highlights
- Small office condominium configuration
- Suite C at 1762 E McAndrews Road
- Access to E. McAndrews Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,883
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,660
$157.7K
Cap Rate 7%
$112,614
$112.6K
Cap Rate 9%
$87,589
$87.6K
Market Conditions
NOI Build-Up for 644 SF
Gross rent
$12.4K $19.20/SF
− Vacancy
−$1.9K −$2.88/SF
EGI
$10.5K $16.32/SF
− OpEx
−$2.6K −$4.08/SF
NOI
$7.9K $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%
$157,660
Cap Rate 7%
$112,614
Cap Rate 9%
$87,589
Alternative Uses
Best Use
Office B
$112.6K
$98.5K – $131.4K
NOI $7,883 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$155.4K
$136.0K – $181.4K
NOI $10,881 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Explore this area
Business Placement
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
$447,800
Median Home Value
Market
Average Price Trend$/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 - Small office condominium with access to E. McAndrews Road and nearby commercial services.
Where is this office unit located?
The property is located at 1762 E McAndrews Rd Ste C Medford, OR.
What is the asking price?
The asking price for this property is $96,600.
What are key features of this property?
This property features: Small office condominium configuration; Suite C at 1762 E McAndrews Road; Access to E. McAndrews Road
