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    Medical Office or Restaurant Suite Title is generated by Realmo AI

    3a-1400 Ashland St, Ashland, OR 97520

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    For Lease
    $2 SF/Yr $348/Mo (calc)

    Flexible C-1 space with open layout, two rooms, and parking for medical or restaurant concepts.

    Property size:
    2,000 SF
    Added:
    Oct 11, 2025
    Days on Market:
    238
    Last Refresh:
    Jun 3 at 9:36 pm

    Property Features for 3a-1400 Ashland St

    General Information

    Standard status
    Active
    Size
    2,000 SF

    We can help!

    Listing Contact
    Alex M Aaronson
    Alex M Aaronson

    Listing agent Alex M Aaronson License #201209927

    Listing office John L. Scott Medford

    Listing date Oct 11, 2025

    Source Exprealty

    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 John L. Scott Medford

    HighLights

    • 2,000 sq ft of usable open space with 2 rooms and a half bath
    • C‑1 zoning allows a range of uses (check with the City of Ashland)
    • Suitable for medical practice or restaurant use per listing details
    • On‑site parking lot provides ample parking for customers and guests
    • Triple net lease; appointment only

    Overview

    This for-lease suite includes approximately 2,000 square feet of usable open space, plus two rooms and a half bath. The layout is straightforward for a range of professional or service uses, with the open area supporting customer flow or work areas and the additional rooms accommodating treatment, offices, or secondary functions. The property is offered on a triple net lease basis, with appointment-only access and attached floor plans available for review.

    Located at 3A-1400 Ashland St in Ashland, Oregon, the space benefits from on-site parking in a dedicated parking lot described as providing ample parking for patients, visitors, and guests. Public remarks indicate the unit is suited to tenants looking to establish or continue a medical practice, or to open a restaurant, subject to confirmation of use requirements.

    Zoning is described as C-1, which the listing notes may allow a wide variety of uses, with interested parties instructed to check with the City of Ashland regarding specific approvals. For operators seeking a single, adaptable suite with an open work/customer area, two additional rooms, and convenient parking, this unit presents a practical option—particularly for medical users or restaurant concepts aligned with C-1 requirements. Appointment is required to tour the space.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.709888
    Latitude
    42.185672

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    FAQs

    What type of property is this?
    Medical Office Space - Flexible C-1 space with open layout, two rooms, and parking for medical or restaurant concepts.
    Where is this medical office space located?
    The property is located at 3a-1400 Ashland St Ashland, OR.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 2,000 sq ft of usable open space with 2 rooms and a half bath; C‑1 zoning allows a range of uses (check with the City of Ashland); Suitable for medical practice or restaurant use per listing details
    (832) 741-5106
    We can help!
    Listing Contact
    Alex M Aaronson
    Alex M Aaronson
    Real Estate License ID: 201209927
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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