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    3882 Crater Lake Ave Medford, OR 97504

    Sponsored
    For Sale
    $1,199,000

    Prime Medford Office, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4,255-square-foot standalone office building is situated on a 0.96-acre lot at 3882 Crater Lake Avenue in Medford, Oregon (97504). Boasting unparalleled visibility from Highway 62, across from Les Schwab and Napa Auto Parts, this property offers a high-end interior featuring private offices, a first-class conference room, and an upstairs area complete with a fireplace, additional office/lounge space, and a full bathroom. Abundant natural light streams in through numerous windows. The property includes ample parking and stunning valley views. The location offers potential for expansion or the addition of another building (buyer to verify). Currently tenant-occupied, the property is available for viewing by appointment only. The tenant is prepared to vacate within 60-90 days, providing an opportunity for owner-operator use. Alternatively, a lease is in place, offering a strong income-producing investment. The asking price is $1,199,000. Directions: From I-5, take Highway 62 North. Turn right at Owen Road (Wal-Mart signal), then left onto Crater Lake Avenue Northbound. Turn right at Hollyhock. The building is on the left.

    Property Features for 3882 Crater Lake Ave

    General Information

    Property type
    Land
    Lot Size
    41,818 SF

    HighLights

    • 4,255 SF standalone office building on a 0.96‑acre lot at 3882 Crater Lake Ave, Medford, OR 97504.
    • High visibility from Highway 62, near Les Schwab and Napa Auto Parts.
    • High‑end interior with private offices, conference room, upstairs lounge with fireplace & full bath.
    • Ample parking and valley views.
    • Potential for expansion (buyer to verify).
    • Currently tenant‑occupied, available for viewing by appointment; tenant vacating in 60‑90 days.
    Property Profile Location Intelligence

    Current Use by Public Records

    Action Heavy Haul, ... Trucking Company Takit Inc Truck Dealer Robinson Transport Inc Trucking Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8550481
    Latitude
    42.3729014

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    FAQs

    What type of property is this?
    Land - Prime Medford Office, High Visibility
    Where is this land located?
    The property is located at 3882 Crater Lake Ave Medford, OR.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: 4,255 SF standalone office building on a 0.96-acre lot at 3882 Crater Lake Ave, Medford, OR 97504.; High visibility from Highway 62, near Les Schwab and Napa Auto Parts.; High-end interior with private offices, conference room, upstairs lounge with fireplace & full bath.
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    3882 Crater Lake Ave Medford, OR 97504
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    Medford, OR 97504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3882 Crater Lake Ave Medford, OR 97504
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