1501 Mcandrews Rd Medford, OR 97504
- Office Properties & Spaces
- 6,778 SF
- 1.06 lot acres
Current Use by Public Records
- Ticor Title Insurance / Title Company
- Jim Root and Company / Property Administration Service / Service Establishment
Property Details for 1501 Mcandrews Rd
- Year built
- 1998
- Lot size
- 1.06 lot acres
- Property size
- 6,778 SF
- Zone code
- C-S/P
- Property type
- Office Properties & Spaces
- APN
- 1-0326397
- APU
- 10326397
Description
This exceptional Class A office building in Medford, Oregon, offers 6,746 square feet of immediately available space on the second floor. The building totals 12,156 square feet and features a single tenancy, making it ideal for a variety of professional uses. The flexible floor plans accommodate various needs, with options ranging from 1,374 to 6,746 square feet. The property is zoned Commercial - Service/Professional, making it suitable for attorneys, medical practices, brokerage firms, or other office-based businesses. Located at 1501 E McAndrews Rd, Medford, OR 97504, this two-story building includes an elevator for convenient access. Its strategic location just off Interstate 5 in Northeast Medford provides excellent visibility and accessibility, benefiting from high daily traffic counts exceeding 22,400 vehicles per day. The surrounding area is a hub of professional services, retail establishments, and medical facilities, creating a thriving and convenient business environment. This is a rare opportunity to secure a significant amount of high-quality office space in a desirable location. The building boasts modern amenities and is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $260,000
- 7%
- $245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $220,000
- Mixed-Use
- $260,000
- Hospitality
- $250,000
- Educational
- $265,000
- Residential Income
- $200,000
- Energy
- $275,000
- Income-Based Land
- $260,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.864
- Latitude
- 42.3415
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA