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    226 Ross Ln Medford, OR 97501

    Sponsored
    For Lease
    $14 SF/Yr ($19,525 /Mo)

    16,137 SF, High-Traffic Location, NNN Lease

    Lot size:
    16,137 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,137-square-foot medical office building in West Medford presents a unique investment opportunity. Originally constructed in 1994 as a Moose Lodge and later used as a child development center, the single-tenant property sits on a 1.75-acre lot and boasts 40 parking spaces. The building features a well-preserved commercial kitchen and ballroom, remnants of its previous uses, offering significant potential for adaptive reuse. The existing structure is well-suited for modification to a more retail-oriented façade, catering to a variety of medical or related businesses. The landlord is open to providing tenant improvement allowances, amortized into the monthly rent, to facilitate a smooth transition for a qualified tenant. The asking rent is $19,500 per month, on a triple-net (NNN) lease with a minimum initial term of five years. The property's location in a high-traffic commercial area ensures excellent visibility and accessibility. The property's APN is 1-0430293, located in Jackson County. Landlord approval of tenant and intended use is required. This is a rare chance to acquire a versatile property with substantial existing amenities in a prime West Medford location.

    Property Features for 226 Ross Ln

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,137 SF
    Total Rate
    19525.77

    Building Details

    Year Built
    1994
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    16,137 SF
    Rate per SF
    $14

    HighLights

    • High‑traffic commercial location in West Medford.
    • 16,137 square foot single‑tenant medical office building, previously a Moose Lodge and child development center.
    • Features a commercial kitchen and ballroom.
    • Landlord may offer tenant improvement allowances.
    • Adaptable for retail use.
    • Asking rent: $19,500/month, NNN, 5+ year lease term.
    Property Profile Location Intelligence

    Current Use by Public Records

    Taqueria juan colorado Mexican Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8978798
    Latitude
    42.3261605

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    FAQs

    What type of property is this?
    Medical office - 16,137 SF, High-Traffic Location, NNN Lease
    Where is this medical office located?
    The property is located at 226 Ross Ln Medford, OR.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-traffic commercial location in West Medford.; 16,137 square foot single-tenant medical office building, previously a Moose Lodge and child development center.; Features a commercial kitchen and ballroom.
    Request Owner's contact information
    226 Ross Ln Medford, OR 97501
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    Medford, OR 97501
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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
    226 Ross Ln Medford, OR 97501
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