Live-Work Property with Industrial
802 E Vilas Road, Medford, OR 97502
For Sale
Contact for pricing
A residence, two industrial buildings, and additional outbuildings share a light industrial-zoned site.
Property Size4,515 SF
Lot Size0.70 Acres
Price / SF$215.95
Days on Market18
Property Features for 802 E Vilas Road
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Road Access
Three-Phase Power
Building Details
Buildings
Listing Agency:
Rutledge Property Group
Listed By:
Adam Rutledge
(541) 890-4876
Source:
Crexi
Added: Oct 27
Changed: Nov 12
Last Checked: Nov 12 at 8:33AM
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
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 mixed-use property includes a 3-bedroom, 2-bathroom dwelling of approximately 1,375 square feet, along with two industrial buildings measuring approximately 2,398 and 2,117 square feet. The industrial buildings have roll-up doors and 3-phase power, and additional outbuildings are also on the property.
The buildings and residence occupy a 0.7-acre lot with frontage on E Vilas Road, described as a main route between Central Point and Medford. The property is zoned light industrial.
The buildings and residence occupy a 0.7-acre lot with frontage on E Vilas Road, described as a main route between Central Point and Medford. The property is zoned light industrial.
Key Highlights
- Two industrial buildings of approximately 2,398 SF and 2,117 SF
- 3‑bedroom, 2‑bathroom dwelling with approximately 1,375 SF
- Industrial buildings have roll‑up doors and 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,264
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,280
$1.1M
Cap Rate 7%
$789,486
$789.5K
Cap Rate 9%
$614,044
$614.0K
Market Conditions
NOI Build-Up for 4,515 SF
Gross rent
$86.7K $19.20/SF
− Vacancy
−$13.0K −$2.88/SF
EGI
$73.7K $16.32/SF
− OpEx
−$18.4K −$4.08/SF
NOI
$55.3K $12.24/SF
Area
Jackson County, OR
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,280
Cap Rate 7%
$789,486
Cap Rate 9%
$614,044
Alternative Uses
Best Use
Office B
$789.5K
$690.8K – $921.1K
NOI $55,264 @ 7.0% cap · market cap 5.67%
Second Best
Mixed Use
$667.6K
$584.1K – $778.8K
NOI $46,730 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$1.09M
$953.6K – $1.27M
NOI $76,285 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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 Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A residence, two industrial buildings, and additional outbuildings share a light industrial-zoned site.
Where is this mixed-use property located?
The property is located at 802 E Vilas Road Medford, OR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two industrial buildings of approximately 2,398 SF and 2,117 SF; 3‑bedroom, 2‑bathroom dwelling with approximately 1,375 SF; Industrial buildings have roll‑up doors and 3‑phase power
