In-Line Retail Suite with Glass
For Sale
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2321 Ashland St #102, Ashland, OR 97520
Two direct entrances connect the suite to a broad pedestrian walkway with greenery and space for small outdoor seating.
Property Size1,200 SF
Days on Market88
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Property Features for 2321 Ashland St #102
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Building Details
Year Built
1990
Listing Agency:
Holder Realty
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 14 at 10:33PM
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 Holder Realty
Investment Insights
Based on property information with market context.
Suite #102 is an in-line retail space within Tolman Creek Plaza, a shopping center offering both in-line and freestanding commercial spaces. The suite includes expansive storefront glass and two direct access points, with an interior size identified as 1,200. Its configuration is suited to professional service or medical-adjacent uses seeking a destination-oriented setting.
A wide pedestrian walkway approaches the suite and runs alongside substantial greenery, with room for small outdoor seating arrangements. Tolman Creek Plaza is nearly adjacent to direct I-5 access and includes an established mix of complementary tenants. The property was built in 1990 and is located at 2321 Ashland St in Ashland, Oregon.
A wide pedestrian walkway approaches the suite and runs alongside substantial greenery, with room for small outdoor seating arrangements. Tolman Creek Plaza is nearly adjacent to direct I-5 access and includes an established mix of complementary tenants. The property was built in 1990 and is located at 2321 Ashland St in Ashland, Oregon.
Key Highlights
- 1,200 suite with expansive storefront glass
- Two points of direct access
- Broad pedestrian walkway with abundant greenery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,602
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,040
$332.0K
Cap Rate 7%
$237,171
$237.2K
Cap Rate 9%
$184,467
$184.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$2.2K −$1.84/SF
EGI
$23.7K $19.76/SF
− OpEx
−$7.1K −$5.93/SF
NOI
$16.6K $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%
$332,040
Cap Rate 7%
$237,171
Cap Rate 9%
$184,467
Alternative Uses
Best Use
Retail
$237.2K
$207.5K – $276.7K
NOI $16,602 @ 7.0% cap · market cap 830,100.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 1,013,750.00%
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
482
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Groceries 18%
Dining 10%
Hotels & Casinos 5%
Albertsons
Groceries
23,230 visits/mo
0.0 miles
Chevron
Shops & Services
18,327 visits/mo
0.4 miles
ARCO
Shops & Services
17,679 visits/mo
0.2 miles
Bi-Mart
Shops & Services
17,175 visits/mo
0.2 miles
Taco Bell
Dining
12,148 visits/mo
0.1 miles
Demographics for 97520, OR
25,970
Population
13,964
Households
1.9
Avg Household Size
47
Median Age
61%
College-Educated
96%
High-School Grad
328.8 sq mi
ZIP Area
79
Density / Sq Mi
$71,485
Median Household Income
$31,869
Median Earnings
$1,360
Median Rent
$568,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Two direct entrances connect the suite to a broad pedestrian walkway with greenery and space for small outdoor seating.
Where is this retail space located?
The property is located at 2321 Ashland St #102 Ashland, OR.
What are key features of this property?
This property features: 1,200 suite with expansive storefront glass; Two points of direct access; Broad pedestrian walkway with abundant greenery
