Building Details

Buildings 1

Building Size 5,684 SF

Listing Agency: Rutledge Property Group

Listed By: Adam Rutledge · License #OR Show Phone

Source: Crexi

Added: Aug 27 Changed: Oct 25 Last Checked: Oct 28 at 8:13AM

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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 Rutledge Property Group

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 5,684-square-foot automotive property occupies approximately 0.71 acres and combines a high-bay service area with a dedicated front office and reception space. Two 14-foot overhead doors support vehicle access, while the fully fenced yard has been freshly paved for vehicle staging. The configuration is suited to automotive repair, fleet management, light manufacturing, or tire and alignment operations.

Located near the intersection of Highway 62 and Crater Lake Avenue, the property serves the Central Point and Medford trade area. Its combination of shop capacity, office space, overhead access, and secured yard provides a practical layout for automotive and industrial operations.

Key Highlights

• 5,684 sq ft industrial building on ~0.71 acres
• Two 14‑foot overhead doors
• High‑bay shop space for automotive and industrial operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,637

Cap Rate

8.28%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,572,740 $1.6M

Cap Rate 7%

$1,123,386 $1.1M

Cap Rate 9%

$873,744 $873.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,684 SF

Gross rent

$122.8K $21.60/SF

− Vacancy

−$10.4K −$1.84/SF

EGI

$112.3K $19.76/SF

− OpEx

−$33.7K −$5.93/SF

NOI

$78.6K $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%

$1,572,740

Cap Rate 7%

$1,123,386

Cap Rate 9%

$873,744

Alternative Uses

Best Use

Retail

$1.12M

$983.0K – $1.31M (±1% cap)

NOI $78,637 @ 7.0% cap · market cap 8.28%

Second Best

Industrial

$517.9K

$453.2K – $604.2K (±1% cap)

NOI $36,252 @ 7.0% cap · market cap 3.82%

Theoretical Best

Office A

$1.37M

$1.20M – $1.60M (±1% cap)

NOI $96,037 @ 7.0% cap · market cap 10.11%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Spa & Massage Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

155

Businesses Nearby

Well-served

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

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Similar Off Market Nearby

• C & C Tires Inc. — 5600 Crater Lake Ave, Central Point, OR 97502
• Car Tech Auto Body Inc. — 5630 Crater Lake Ave Unit A, Medford, OR 97502
• Bullet Machine Inc — 5620 crater lake ave # 100, central point, or 97502
• Case Customs LLC — 5742 Crater Lake Ave, Central Point, OR 97502
• Brothers RV Repair — 5744 Crater Lake Ave, Central Point, OR 97502

Frequently Asked Questions

What type of property is this?

Auto shop - High-bay shop includes dual overhead doors and a dedicated front office and reception area.

Where is this auto shop located?

The property is located at 6062-6068 Crater Lake Avenue Medford, OR.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 5,684 sq ft industrial building on ~0.71 acres; Two 14‑foot overhead doors; High‑bay shop space for automotive and industrial operations