Office Building Near Medical
753 Spring St Medford, OR 97504
753 Spring St, Medford, OR, 97504
$735,000
For Sale
$735,000
Approximately 3,967 SF office building with 17 on-site parking spaces on a 0.35-acre lot near Providence Medford Medical Center.
Property Size3,967 SF
Lot Size0.35 Acres
Price / SF$185.28
Days on Market244
Property Features for 753 Spring St
General Information
- Standard status
- Active
- Size
- 3,967 SF
- Lot size
- 0.35 Acres
Listing agency
Pulver and Leever Real Estate
(541) 773-5391
Listed by
William J Leever · License #780301889
(541) 773-5391
Source
Exprealty
Added: Nov 20, 2025 Updated: Jul 21 at 10:38PM Checked: Jul 21 at 10:38PM
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 Pulver and Leever Real Estate
Investment Insights
Based on property information with market context.
Nice approximately 3,967 SF office building on a 0.35-acre lot, per Jackson County Assessor’s information. The property includes 17 on-site parking spaces and is suited for professional office use, with the option for conversion to a medical use.
The building is well located adjacent to the Providence Medford Medical Center campus. An adjacent property at 769 Spring Street is also available and could provide additional parking and/or an additional commercial building site.
This listing presents a straightforward office configuration with on-site parking, positioned for tenants or buyers looking to serve users associated with a nearby medical campus.
The building is well located adjacent to the Providence Medford Medical Center campus. An adjacent property at 769 Spring Street is also available and could provide additional parking and/or an additional commercial building site.
This listing presents a straightforward office configuration with on-site parking, positioned for tenants or buyers looking to serve users associated with a nearby medical campus.
Key Highlights
- Approximately 3,967 SF office building on a 0.35‑acre lot, per Jackson County Assessor's info
- Adjacent to the Providence Medford Medical Center campus
- 17 on‑site parking spaces
Local Financial Insights For Healthcare Medical
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 | $107.1k | $27.00 |
| − Vacancy | −$11.2k | −$2.84 |
| EGI | $95.9k | $24.17 |
| − OpEx | −$38.3k | −$9.67 |
| NOI | $57.5k | $14.50 |
3,967 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$821.7K
$719.0K – $958.6K
NOI $57,518 @ 7.0% cap · market cap 7.83%
Second Best
Office B
$693.7K
$607.0K – $809.3K
NOI $48,556 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$957.5K
$837.8K – $1.12M
NOI $67,026 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Approximately 3,967 SF office building with 17 on-site parking spaces on a 0.35-acre lot near Providence Medford Medical Center.
Where is this office building located?
The property is located at 753 Spring St Medford, OR.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Approximately 3,967 SF office building on a 0.35‑acre lot, per Jackson County Assessor's info; Adjacent to the Providence Medford Medical Center campus; 17 on‑site parking spaces
