Mixed-Use Property with Industrial
802 E Vilas Road, Medford, OR 97502
For Sale
$975,000
Commercial Sale, Medford, OR
Property Size6,223 SF
Lot Size0.70 Acres
Price / SF$156.68
Days on Market15
Property Features for 802 E Vilas Road
General Information
Property type
Property subtype
Zoning description
Parking features
Window features
Patio and Porch features
Interior features
Exterior features
Lot features
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Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Rutledge Property Group · License OR #201007081
(541) 778-9677
Added: Oct 27
Changed: Nov 9
Last Checked: Nov 10 at 7:06AM
MLS# 220230504
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property combines two industrial buildings with a detached residence on a 0.7-acre parcel. The shop buildings measure approximately 2,398 square feet and 2,117 square feet, and each has roll-up doors; three-phase power serves the industrial buildings. The 1,375-square-foot house offers three bedrooms, two bathrooms, and a backyard. Additional outbuildings are also on site.
Located on E Vilas Road, the property is positioned along a route connecting Central Point and Medford. The parcel is zoned light industrial and has public water and sewer service. The residence was built in 1981.
Located on E Vilas Road, the property is positioned along a route connecting Central Point and Medford. The parcel is zoned light industrial and has public water and sewer service. The residence was built in 1981.
Key Highlights
- Two industrial buildings of approximately 2,398 square feet and 2,117 square feet
- Both shop buildings have roll‑up doors and three‑phase power
- 1,375‑square‑foot residence with 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,408
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,160
$1.3M
Cap Rate 7%
$920,114
$920.1K
Cap Rate 9%
$715,644
$715.6K
Market Conditions
NOI Build-Up for 6,223 SF
Gross rent
$112.0K $18.00/SF
− Vacancy
−$9.0K −$1.44/SF
EGI
$103.1K $16.56/SF
− OpEx
−$38.6K −$6.21/SF
NOI
$64.4K $10.35/SF
Area
Jackson County, OR
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,160
Cap Rate 7%
$920,114
Cap Rate 9%
$715,644
Alternative Uses
Best Use
Mixed Use
$920.1K
$805.1K – $1.07M
NOI $64,408 @ 7.0% cap · market cap 6.61%
Second Best
Industrial
$567.0K
$496.1K – $661.5K
NOI $39,689 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,144 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two shop buildings and a three-bedroom residence share a light industrial-zoned parcel with a backyard.
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 square feet and 2,117 square feet; Both shop buildings have roll‑up doors and three‑phase power; 1,375‑square‑foot residence with 3 bedrooms and 2 bathrooms
