Gated Flex
New
For Sale
Contact for pricing
5130 Rainbow Drive 102, Medford, OR 97502
A secured, multi-purpose workspace is available under a modified gross lease.
Property Size2,500 SF
Days on Market2
Property Features for 5130 Rainbow Drive 102
General Information
Standard status
Active
Size
2,500 SF
Site & Location
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Power
200 amps
Listing Agency:
Merit Commercial RE, LLC
(541) 608-6704
Listed By:
Eli Buma · License #201246845
(541) 816-5070
Source:
Goashland
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:07AM
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
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.
This newly constructed flex property contains 2,500 SF with a private restroom, gas heat, and 200-amp electrical service. A 14-foot roll-up door supports access to the workspace, while fencing and a gate enclose the premises. The property is located at 5130 Rainbow Drive, with access to Vilas Road. The lease structure is modified gross.
Key Highlights
- 2,500 SF of newly constructed flex space
- 14‑foot roll‑up door
- 200‑amp electrical service and gas heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,945
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,900
$318.9K
Cap Rate 7%
$227,786
$227.8K
Cap Rate 9%
$177,167
$177.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$23.7K $9.48/SF
− Vacancy
−$922 −$0.37/SF
EGI
$22.8K $9.11/SF
− OpEx
−$6.8K −$2.73/SF
NOI
$15.9K $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%
$318,900
Cap Rate 7%
$227,786
Cap Rate 9%
$177,167
Alternative Uses
Best Use
Flex RnD
$325.6K
$284.9K – $379.9K
NOI $22,791 @ 7.0% cap · market cap 2,279,100.00%
Second Best
Warehouse
$276.6K
$242.0K – $322.7K
NOI $19,361 @ 7.0% cap · market cap 1,936,100.00%
Theoretical Best
Office A
$603.4K
$528.0K – $704.0K
NOI $42,240 @ 7.0% cap · market cap 4,224,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97502, OR
29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A secured, multi-purpose workspace is available under a modified gross lease.
Where is this flex space located?
The property is located at 5130 Rainbow Drive 102 Medford, OR.
What are key features of this property?
This property features: 2,500 SF of newly constructed flex space; 14‑foot roll‑up door; 200‑amp electrical service and gas heat
