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    202 Riverside Ave Medford, OR 97501

    • Commercial real estate
    • 16,550 SF
    • 0.28 lot acres
    For Sale
    View listing
    $1,990,000
    Value Estimation
    Location Intelligence
    Property ID
    US71-1891493
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cardtronics ATM / Atm

    Property Details for 202 Riverside Ave

    Year built
    1929
    Lot size
    0.28 lot acres
    Property size
    16,550 SF
    Property type
    Commercial real estate
    APN
    10371211

    Description

    This exceptional two-story office building, located at 202 S Riverside Ave in Medford, Oregon (97501), presents a compelling value-add investment opportunity within a federal Opportunity Zone. The 16,550 square foot building, constructed in 1929 and renovated in 2000, boasts a concrete slab foundation, concrete walls, stucco exterior, and a Duro-Last rubber membrane roof supported by a wood beam structure. The property sits on a 0.28-acre lot and is zoned for community commercial use. Currently vacant, this Class B building offers significant potential for redevelopment. The existing layout is adaptable for various office and retail configurations, and the property has already undergone full ADA and seismic upgrades. With a list price of $1,990,000, a pro-forma NOI of $159,200, and a pro-forma cap rate of 8.00%, this property represents a strong return on investment. The building features one unit across two stories and is offered as a NNN lease. The APN is 10371211. This is a rare chance to acquire a substantial property in a thriving downtown Medford location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.86942953538
    Latitude
    42.325250053814

    Comparable in this City

    • $7,700,000
      30,964 SF

      Medford, OR Class A Office Building

      Downtown Medford Office Space: 30,964 SF
      1 Main St, Medford, OR 97501
      View Details
    • $1,095,000
      Pending

      Downtown Medford Office Building For Sale

      Large dividable office building near downtown revitalization plan in Medford.
      145 N Bartlett St, Medford, OR 97501
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    • $3,490,000
      39,435 SF

      Medford Office Building: Redevelopment Opportunity

      39,435 SF Creative Office, Opportunity Zone
      117 Central Ave, Medford, OR 97501
      View Details
    • $1,750,000
      20,000 SF

      Downtown Medford Office Complex

      Prime Location, Multi-Tenant Office
      34 Fir St, Medford, OR 97501
      View Details
    • $950,000
      0.84 Acres

      Medford Commercial Property with Expansion Potential

      Two buildings on 0.84 acres, zoned for diverse commercial uses.
      3839 S Pacific Hwy, Medford, OR 97501
      View Details
    • $469,000
      2,220 SF

      Professional Office Building For Sale

      Single-tenant office building near downtown with nature views.
      1014 N Riverside Ave, Medford, OR 97501
      View Details

    Similar Nearby for Sale

    • $7,700,000
      30,964 SF

      Medford, OR Class A Office Building

      Downtown Medford Office Space: 30,964 SF
      1 Main St, Medford, OR 97501
      View Details
    • $1,095,000
      Pending

      Downtown Medford Office Building For Sale

      Large dividable office building near downtown revitalization plan in Medford.
      145 N Bartlett St, Medford, OR 97501
      View Details
    • $3,490,000
      39,435 SF

      Medford Office Building: Redevelopment Opportunity

      39,435 SF Creative Office, Opportunity Zone
      117 Central Ave, Medford, OR 97501
      View Details
    • $1,750,000
      20,000 SF

      Downtown Medford Office Complex

      Prime Location, Multi-Tenant Office
      34 Fir St, Medford, OR 97501
      View Details
    • $950,000
      0.84 Acres

      Medford Commercial Property with Expansion Potential

      Two buildings on 0.84 acres, zoned for diverse commercial uses.
      3839 S Pacific Hwy, Medford, OR 97501
      View Details
    • $469,000
      2,220 SF

      Professional Office Building For Sale

      Single-tenant office building near downtown with nature views.
      1014 N Riverside Ave, Medford, OR 97501
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      20,000 SF

      Downtown Medford Office Complex

      Prime location, multiple suites available
      34 Fir St, Medford, OR 97501
      View Details
    • $22 SF/Yr
      30,964 SF

      Medford Office Building - For Sale/Lease

      Modern, Class A office space; 30,964 sq ft.
      1 Main St, Medford, OR 97501
      View Details
    • $1,395,000
      11,284 SF

      Downtown Medford Retail/Office Space

      Retail/office space with high ceiling storage in downtown Medford.
      765 S Riverside Ave, Medford, OR 97501
      View Details
    • $1.20 SF/Yr
      1,573 SF

      Remodeled Office Space For Rent

      Professional office space centrally located, newly remodeled as of 2025.
      406 S Riverside Ave, Medford, OR 97501
      View Details
    • $1,995 /Mo
      74,923 SF

      Medford Warehouse and Office Space

      Versatile warehouse and office space in a prime Medford location.
      114 N Ross Ln, Medford, OR 97501
      View Details
    • New
      $1.75 SF/Yr
      66,211 SF

      Medford Office Space For Rent

      Versatile third-floor office space in Medford's Lausmann Business Center.
      221 W Stewart Ave, Medford, OR 97501
      View Details
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    202 Riverside Ave
    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
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