Standalone Office
313 S Ivy St Medford, OR 97501
313 S Ivy St, Medford, OR, 97501
$329,000
For Sale
$329,000
Standalone conventional office building with ADA access and two open bull-pen rooms, private offices, and restrooms.
Property Size1,512 SF
Price / SF$217.59
Days on Market89
Property Features for 313 S Ivy St
General Information
- Standard status
- Active
- Size
- 1,512 SF
Listing agency
Merit Commercial RE, LLC
(541) 608-6704
Listed by
Caspian C Hoehne
Source
Exprealty
Added: Apr 26 Updated: Jul 21 at 8:23PM Checked: Jul 22 at 11:06AM
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 Merit Commercial RE, LLC
Investment Insights
Based on property information with market context.
Exclusively presented for sale, this standalone conventional office building offers a functional interior layout with two open bull-pen style rooms, private offices, a kitchen, two private restrooms, and abundant built-in storage. The building’s main access is via an ADA ramp to the main door.
The property includes a fenced rear yard highlighted by full perimeter chainlink fencing with privacy slats, two wood decks, a shed, a non-permanent gazebo, and a lower turfed seating area. Two dedicated (unmarked) alley parking spaces are included, and the building is located across the street from the Medford Police Department headquarters.
The property is currently vacant and presented as essentially turn-key, with the option for a buyer to modernize during due diligence.
The property includes a fenced rear yard highlighted by full perimeter chainlink fencing with privacy slats, two wood decks, a shed, a non-permanent gazebo, and a lower turfed seating area. Two dedicated (unmarked) alley parking spaces are included, and the building is located across the street from the Medford Police Department headquarters.
The property is currently vacant and presented as essentially turn-key, with the option for a buyer to modernize during due diligence.
Key Highlights
- Standalone 1,512 SF conventional office building on S Ivy St in Medford, Oregon
- ADA‑ramp main entrance with functional interior layout including two open bull‑pen style rooms
- Includes private offices, kitchen, abundant built‑in storage, and two private restrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $19.20 |
| − Vacancy | −$4.4k | −$2.88 |
| EGI | $24.7k | $16.32 |
| − OpEx | −$6.2k | −$4.08 |
| NOI | $18.5k | $12.24 |
1,512 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$264.4K
$231.3K – $308.5K
NOI $18,507 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$365.0K
$319.3K – $425.8K
NOI $25,547 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Standalone conventional office building with ADA access and two open bull-pen rooms, private offices, and restrooms.
Where is this office building located?
The property is located at 313 S Ivy St Medford, OR.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Standalone 1,512 SF conventional office building on S Ivy St in Medford, Oregon; ADA‑ramp main entrance with functional interior layout including two open bull‑pen style rooms; Includes private offices, kitchen, abundant built‑in storage, and two private restrooms
