Office Condominium
New
For Sale
$96,600
1762 E McAndrews Rd Ste C, Medford, OR 97504
Small office condominium with access to E. McAndrews Road and nearby commercial services.
Property Size644 SF
Days on Market7
Property Features for 1762 E McAndrews Rd Ste C
General Information
Standard status
Active
Size
644 SF
Total Parking Spaces
20
Property subtype
Office
Zoning
C-C
Additional Details
Road Access
Yes
Building Details
Building Size
644 SF
Stories
1
Listing Agency:
Coldwell Banker Commercial Professional Group
Listed By:
Richard Bauernfeind · License #830800056
(541) 608-2050
Source:
Cbcworldwide
Added: Sep 16
Changed: Sep 20
Last Checked: Sep 22 at 1:11PM
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 Coldwell Banker Commercial Professional Group
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,883
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Small office condominium with access to E. McAndrews Road and nearby commercial services.
Where is this office units 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
