Industrial Warehouse With Truck
For Sale
$1,275,000
725 S Grape Street, Medford, OR 97501
Two-building warehouse property with office areas, cold-storage improvements, fenced yard, and substantial dock loading capacity.
Property Size17,976 SF
Lot Size0.89 Acres
Price / SF$70.93
Days on Market15
Property Features for 725 S Grape Street
General Information
Standard status
Active
Size
17,976 SF
Lot size
0.89 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Span
Yes
Dock-High Doors
4
Power
800 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$9,182
Building Details
Buildings
2
Construction
tilt-up concrete
Listing Agency:
Merit Commercial RE, LLC
(541) 200-3060
Listed By:
Caspian C Hoehne
(541) 200-3060
Source:
Exprealty
Added: Aug 3
Changed: Aug 15
Last Checked: Aug 16 at 9:49AM
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.
This industrial warehouse property comprises approximately 17,976 SF across two adjacent tilt-up concrete buildings on 0.89 acres. The first building combines a multi-room office area with a clear-span warehouse, unfinished mezzanine, and interior connectivity to the neighboring 715 S Grape Street property. The second includes a small office, restrooms, and clear-span warehouse space from its prior use as an insulated cold-storage facility.
A quarter-acre fenced concrete yard supports loading and outdoor operations. The property has a recessed truck well with four 45'' dock-high positions and dock levelers, plus 800 amps of 480v 3-phase power. Access is available from S Fir and S Grape Street, with I-5 approximately 1.5 miles away. The site is located in an Opportunity Zone in Medford, Oregon.
A quarter-acre fenced concrete yard supports loading and outdoor operations. The property has a recessed truck well with four 45'' dock-high positions and dock levelers, plus 800 amps of 480v 3-phase power. Access is available from S Fir and S Grape Street, with I-5 approximately 1.5 miles away. The site is located in an Opportunity Zone in Medford, Oregon.
Key Highlights
- Approximately 17,976 SF across two tilt‑up concrete warehouse buildings
- 0.89‑acre site with a quarter‑acre fenced concrete yard
- Four 45'' dock‑high positions with dock levelers and a recessed truck well
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$114,648
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,292,960
$2.3M
Cap Rate 7%
$1,637,829
$1.6M
Cap Rate 9%
$1,273,867
$1.3M
Market Conditions
NOI Build-Up for 17,976 SF
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.
Gross rent
$170.4K $9.48/SF
− Vacancy
−$6.6K −$0.37/SF
EGI
$163.8K $9.11/SF
− OpEx
−$49.1K −$2.73/SF
NOI
$114.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,292,960
Cap Rate 7%
$1,637,829
Cap Rate 9%
$1,273,867
Alternative Uses
Best Use
Flex RnD
$2.34M
$2.05M – $2.73M
NOI $163,874 @ 7.0% cap · market cap 12.85%
Second Best
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,216 @ 7.0% cap · market cap 10.92%
Theoretical Best
Office A
$4.34M
$3.80M – $5.06M
NOI $303,722 @ 7.0% cap · market cap 23.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Dock-high doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Medford Sentry Storage — 330 Earhart St, Medford, OR 97501
- SOS Wine Storage — 18w Stewart Ave, Medford, OR 97501
- Afford 2 Stor — 1315 Beekman Ave, Medford, OR 97501
- Naumes Inc — 535 S Fir St, Medford, OR 97501
- Rogue Valley Storage Co — 853 S Riverside Ave, Medford, OR 97501
Frequently Asked Questions
What type of property is this?
Warehouse - Two-building warehouse property with office areas, cold-storage improvements, fenced yard, and substantial dock loading capacity.
Where is this warehouse located?
The property is located at 725 S Grape Street Medford, OR.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Approximately 17,976 SF across two tilt‑up concrete warehouse buildings; 0.89‑acre site with a quarter‑acre fenced concrete yard; Four 45'' dock‑high positions with dock levelers and a recessed truck well
