Property profile

34 Fir St Medford, OR 97501

OFF-MARKET
Commercial real estate
Property ID
US71-1496912
1,183 SF 0.03 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 34 S Fir St in Medford, Oregon, presents a unique investment opportunity. The complex consists of two buildings totaling 20,000 square feet, situated on a 0.4-acre lot. Built in 1907, this two-story structure boasts a blend of creative and traditional office spaces, currently offering three available suites ranging from 3,110 to 4,962 square feet. A significant portion of the building (12,454 square feet) is currently vacant, providing substantial potential for expansion or lease income. The property features 14 total parking spaces and elevators for convenient access. Currently, portions of the building are occupied by SOP TV and Pacific Bible. The property is zoned C-C and is located in Medford's historic district, though not officially designated as a historical landmark. Its prime downtown location offers unparalleled proximity to City Hall and the County Courthouse, ensuring high visibility and accessibility. The property's APN numbers are 10994723, 10994724, 10994725, 10994726, 10994727, 10994734, 10994735, 10994736, and 10994737, within Jackson County. This property offers a rare chance to acquire a well-situated, established commercial building with significant upside potential in a thriving Oregon city.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Total area 1,183 SF
Lot 0.03 ac (1,307 SF)
Zoning code C-C
APN 1-0994723
UPID US71-1496912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Television Studio Media Distribution

Location

34 Fir St Medford, OR 97501-2715
Medford metro Census 100 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-C · Medford, OR
Zoning description

hape a Vibrant and Exceptional City” Lausmann Annex • 200 South Ivy Street • Medford OR 97501 Phone (541)774-2380 • fax (541)618-1708 www.ci.medford.or.us CITY OF MEDFORD PLANNING DEPARTMENT 10.328 Community Commercial,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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