Restaurant Building with Commercial
New
For Sale
Contact for pricing
2684 N Pacific Hwy, Medford, OR 97501
Existing restaurant improvements include guest seating, commercial cooking facilities, and dedicated fire-suppression equipment.
Property Size9,117 SF
Days on Market6
Property Features for 2684 N Pacific Hwy
General Information
Standard status
Active
Size
9,117 SF
Property subtype
Commercial
Additional Details
Sprinkler System
Yes
Listing Agency:
Sunriver Realty
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 5:15PM
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
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.
At 2684 N Pacific Highway in Medford, this restaurant property has seating for more than 200 guests and an equipped commercial kitchen. Kitchen features include multiple large walk-in freezers and a commercial fire-suppression system. The building is sprinklered and has a paved parking area with lighting.
The property is located on North Pacific Highway in Medford, Oregon.
The property is located on North Pacific Highway in Medford, Oregon.
Key Highlights
- Guest seating for more than 200 people
- Commercial kitchen with multiple large walk‑in freezers
- Commercial kitchen fire‑suppression system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,721
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,694,420
$2.7M
Cap Rate 7%
$1,924,586
$1.9M
Cap Rate 9%
$1,496,900
$1.5M
Market Conditions
NOI Build-Up for 9,117 SF
Gross rent
$200.2K $21.96/SF
− Vacancy
−$20.6K −$2.26/SF
EGI
$179.6K $19.70/SF
− OpEx
−$44.9K −$4.93/SF
NOI
$134.7K $14.78/SF
Area
Jackson County, OR
Vacancy
10.28%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,694,420
Cap Rate 7%
$1,924,586
Cap Rate 9%
$1,496,900
Alternative Uses
Best Use
Specialty Retail
$1.92M
$1.68M – $2.25M
NOI $134,721 @ 7.0% cap · market cap 6,736,050.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,041 @ 7.0% cap · market cap 7,702,050.00%
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
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
282k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Apparel 17%
Shops & Services 7%
Groceries 4%
In-N-Out Burger
Dining
64,507 visits/mo
0.5 miles
Chick-fil-A
Dining
55,065 visits/mo
0.5 miles
DICK'S Sporting Goods
Apparel
46,713 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
19,650 visits/mo
0.3 miles
Jack in the Box
Dining
14,036 visits/mo
0.2 miles
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant improvements include guest seating, commercial cooking facilities, and dedicated fire-suppression equipment.
Where is this conventional restaurant located?
The property is located at 2684 N Pacific Hwy Medford, OR.
What are key features of this property?
This property features: Guest seating for more than 200 people; Commercial kitchen with multiple large walk‑in freezers; Commercial kitchen fire‑suppression system
