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Building Details

Year built 2005

Floors in Building 1

Number of units 1

Flooring type Concrete

Building materials Block, Concrete

Roof type Metal

Listing Agency: John L. Scott Medford j***@johnlscott.com Show Phone

Listed By: Alex M Aaronson · License #201209927 Show Phone

Added: Jul 16 Changed: Oct 13 Last Checked: Oct 15 at 5:06PM

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MLS# 220225392

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property includes a 1,872-square-foot concrete and block structure built in 2005, topped by a metal roof and accompanied by a storage area. The building previously operated as a self-service car wash and was damaged in the Almeda Fire. Existing public water, public sewer, storm drainage, and electrical infrastructure remains in the ground, and system development fees have been paid. The site could support a car wash restart or another permitted configuration, subject to site review and buyer due diligence.

HCBD zoning allows a range of potential uses identified in the source information, including retail, restaurant, bar, office, church, theater, communications, and off-street parking, with city review required. The property has drive-through access from Hwy 99 to and from Suncrest Rd, with proximity to Downtown Talent and the I-5 corridor. It is located at 214 N Pacific Highway in Talent, Oregon.

Key Highlights

• 1,872‑square‑foot concrete and block structure built in 2005
• Former self‑service car wash with metal roof and storage area
• HCBD zoning supports multiple potential uses subject to city site review

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,939

Cap Rate

5.08%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$238,780 $238.8K

Cap Rate 7%

$170,557 $170.6K

Cap Rate 9%

$132,656 $132.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,872 SF

Gross rent

$17.7K $9.48/SF

− Vacancy

−$690 −$0.37/SF

EGI

$17.1K $9.11/SF

− OpEx

−$5.1K −$2.73/SF

NOI

$11.9K $6.38/SF

Area

Jackson County, OR

Vacancy

3.89%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$238,780

Cap Rate 7%

$170,557

Cap Rate 9%

$132,656

Alternative Uses

Best Use

Specialty Retail

$395.2K

$345.8K – $461.0K (±1% cap)

NOI $27,662 @ 7.0% cap · market cap 11.77%

Second Best

Retail

$370.0K

$323.7K – $431.7K (±1% cap)

NOI $25,899 @ 7.0% cap · market cap 11.02%

Theoretical Best

Office A

$451.8K

$395.4K – $527.2K (±1% cap)

NOI $31,629 @ 7.0% cap · market cap 13.46%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Self service car ...

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Dental Office Pharmacy Auto Parts Store

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

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

18k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 60% Groceries 40%

Ray's Food Place Groceries

7,062 visits/mo 0.3 miles

Dollar General Shops & Services

6,957 visits/mo 0.3 miles

Shell Shops & Services

3,696 visits/mo 0.0 miles

Demographics for 97540, OR

8,234

Population

4,228

Households

1.9

Avg Household Size

45

Median Age

43%

College-Educated

97%

High-School Grad

45.0 sq mi

ZIP Area

183

Density / Sq Mi

$57,686

Median Household Income

$40,176

Median Earnings

$1,428

Median Rent

$427,900

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Self service car wash - Concrete structure with metal roofing, storage, and public utility connections already in place.

Where is this self service car wash located?

The property is located at 214 N Pacific Highway Talent, OR.

What is the asking price?

The asking price for this property is $235,000.

What are key features of this property?

This property features: 1,872‑square‑foot concrete and block structure built in 2005; Former self‑service car wash with metal roof and storage area; HCBD zoning supports multiple potential uses subject to city site review