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Two-Suite Office Building
For Sale
$1,050,000
Pending

810 O'Hare Parkway, Medford, OR 97504

Commercial Sale, Medford, OR

Property Size3,808 SF
Lot Size0.44 Acres
Days on Market267

Property Features for 810 O'Hare Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description M-I-L
Parking features Driveway
Subdivision Navigators Landing
Standard status Pending
APN 10972372
Size 3,808 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10499

Utilities

Sewer type Public Sewer
Water source Public

Amenities

private offices
conference room
break room
unisex restroom

Building Details

Year built 2007
Floors in Building 1
Number of units 1
Flooring type Carpet, Vinyl
Building materials Frame
Roof type Tile
Listing Agency: John L. Scott Medford
Listed By: James E North · License #200310092
Added: Jan 13 Changed: Sep 8 Last Checked: Oct 7 at 10:06PM
MLS# 220213677

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.

Investment Insights

Based on property information with market context.

Built in 2007, this 3,808-square-foot office building is arranged as two suites within a 0.44-acre property. The occupied portion measures approximately 2,200 square feet, with its lease scheduled to end September 30, 2026. The remaining approximately 1,600-square-foot suite is vacant and includes multiple private offices, a conference room, break room, and unisex restroom.

The property is located at 810 O'Hare Parkway in Medford, near Rogue Valley International Airport. On-site parking includes 18 spaces, with additional off-street parking available if needed. Construction is frame, with vinyl and carpet flooring, a tile roof, public water, and public sewer.

Key Highlights

  • 3,808‑square‑foot office building on 0.44 acres
  • Two‑suite configuration with approximately 2,200 SF occupied and approximately 1,600 SF vacant
  • Occupied suite lease scheduled to expire September 30, 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,610
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,200 $932.2K
Cap Rate 7%
$665,857 $665.9K
Cap Rate 9%
$517,889 $517.9K
Market Conditions
NOI Build-Up for 3,808 SF
Gross rent
$73.1K $19.20/SF
− Vacancy
−$11.0K −$2.88/SF
EGI
$62.1K $16.32/SF
− OpEx
−$15.5K −$4.08/SF
NOI
$46.6K $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%
$932,200
Cap Rate 7%
$665,857
Cap Rate 9%
$517,889

Alternative Uses

Best Use
Office B
$665.9K
$582.6K – $776.8K (±1% cap)
NOI $46,610 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$919.1K
$804.3K – $1.07M (±1% cap)
NOI $64,340 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Lease Details

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

Demographics for 97504, OR

49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property with one leased suite and a separately configured vacant workspace near Rogue Valley International Airport.
Where is this office building located?
The property is located at 810 O'Hare Parkway Medford, OR.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,808‑square‑foot office building on 0.44 acres; Two‑suite configuration with approximately 2,200 SF occupied and approximately 1,600 SF vacant; Occupied suite lease scheduled to expire September 30, 2026
More about this property
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