Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Crater Lake Ave, Medford, OR 97504

    0.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This Elyria shopping center offers two available retail spaces, totaling 3,570 square feet of vacant space within a 9,413 square foot building. The larger space measures 2,295 square feet, while the smaller space is 1,275 square feet. This property enjoys a highly visible location directly across from the Midway Mall redevelopment project, ensuring excellent exposure to a large customer base. Current tenants include established businesses such as AT&T, Hunan King, 1st Ohio Insurance, and R&K Nails, creating a strong and diverse tenant mix. The site benefits from exceptionally high traffic counts, averaging 19,031 vehicles per day, as reported by ODOT TIMS. The property is zoned B-G Business General District, providing flexibility for a variety of retail uses. The surrounding area boasts a robust retail environment, with major big-box retailers such as Target, Giant Eagle, The Home Depot, JoAnn Fabrics, Planet Fitness, and PetSmart located nearby. A significant population density further enhances the property's appeal, with 55,168 residents and 61,058 daytime workers within a three-mile radius, guaranteeing a substantial pool of potential customers. This is a rare opportunity to secure prime retail space in a thriving commercial area. The single building is located in Lorain County.

    Property profile
    Verified
    Property type Land
    Lot 0.88 ac (38,333 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Crater Lake Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message