Flex Space with Roll-Up
For Sale
Contact for pricing
815 N Central Avenue C, Medford, OR 97501
Vacant unit combines a free-span garage area with dedicated office space along a major arterial street.
Property Size1,308 SF
Days on Market47
Property Features for 815 N Central Avenue C
General Information
Standard status
Active
Size
1,308 SF
Additional Details
Road Access
Yes
Listing Agency:
RE/MAX Platinum
(541) 734-5500
Listed By:
Saul J Stearns · License #201213884
(541) 613-1683
Source:
Evimerorealty
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 19 at 6:27AM
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 RE/MAX Platinum
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,308 sq.ft. flex-space unit is vacant and combines a free-span garage area with roll-up doors and office space. The premises previously served as administrative offices for a medical group, providing a layout that blends work areas with enclosed vehicle or equipment space.
The property is located at 815 N Central Avenue, C, along North Central Avenue in Medford. The arterial street carries approximately 10,000+ cars per day, creating regular exposure for an occupant. Additional adjacent units are also referenced in the property information, with configurations described as adaptable to different space requirements.
The property is located at 815 N Central Avenue, C, along North Central Avenue in Medford. The arterial street carries approximately 10,000+ cars per day, creating regular exposure for an occupant. Additional adjacent units are also referenced in the property information, with configurations described as adaptable to different space requirements.
Key Highlights
- 1,308 sq.ft. vacant flex‑space unit
- Free‑span garage area with roll‑up doors
- Office space included within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,342
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,840
$166.8K
Cap Rate 7%
$119,171
$119.2K
Cap Rate 9%
$92,689
$92.7K
Market Conditions
NOI Build-Up for 1,308 SF
Gross rent
$12.4K $9.48/SF
− Vacancy
−$482 −$0.37/SF
EGI
$11.9K $9.11/SF
− OpEx
−$3.6K −$2.73/SF
NOI
$8.3K $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 Rate 5%
$166,840
Cap Rate 7%
$119,171
Cap Rate 9%
$92,689
Alternative Uses
Best Use
Office B
$228.7K
$200.1K – $266.8K
NOI $16,010 @ 7.0% cap · market cap 1,601,000.00%
Second Best
Flex RnD
$170.3K
$149.1K – $198.7K
NOI $11,924 @ 7.0% cap · market cap 1,192,400.00%
Theoretical Best
Office A
$315.7K
$276.3K – $368.3K
NOI $22,100 @ 7.0% cap · market cap 2,210,000.00%
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
2,004
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 Office in West region
Similar Off Market Nearby
- D's Cooking Tonight — 1725 W Main St, Medford, OR 97501
- Ashland Gourmet Catering — Medford, OR 97504
- Cuisine Dejour Inc — Medford, OR 97501
- Anatomy Coffee Co — Medford, OR 97501
- Jens catering — E 8th St &, S Central Ave, Medford, OR 97501
Frequently Asked Questions
What type of property is this?
Flex space - Vacant unit combines a free-span garage area with dedicated office space along a major arterial street.
Where is this flex space located?
The property is located at 815 N Central Avenue C Medford, OR.
What are key features of this property?
This property features: 1,308 sq.ft. vacant flex‑space unit; Free‑span garage area with roll‑up doors; Office space included within the unit
