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Property profile & analytics

1605 Mcandrews Rd Medford, OR 97504

  • Medical offices
  • 2,182 SF
  • 0.08 lot acres
Value Estimation
$725,000
Last Sale
Mar 02, 2021
$750,000
Location Intelligence
Property ID
US71-0874251
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

  • Medical offices

Property Details for 1605 Mcandrews Rd

Year built
1991
Lot size
0.08 lot acres
Property size
2,182 SF
Zone code
C-S/P
Property type
Medical offices
Property subtype
Medical centers
APN
1-0326443
APU
10326443

Description

This exceptional 2,182 square foot medical office building, situated on a 0.08-acre lot in Jackson County, presents a unique investment opportunity. Built in 1991, this single-story structure boasts 15 parking spaces, ensuring ample convenience for patients and staff. The property is currently vacant, offering immediate occupancy for a new tenant. The zoning designation is C-S/P, allowing for a variety of medical uses. The building's location on East McAndrews Road, directly across from Providence Hospital, provides excellent visibility and accessibility. This prime location offers significant advantages for attracting patients and establishing a thriving medical practice. The property features a single-tenant occupancy, providing a stable and predictable income stream for the owner. A minimum five-year lease term is preferred. The property owner retains the right to approve the prospective tenant and intended use of the space. The Assessor's Parcel Number (APN) is 10326443. This is a turn-key opportunity for a medical professional seeking a well-located, readily available space to establish or expand their practice.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $730,000
  • CAP approach

    CAP return
    Estimation
    6%
    $610,000
    6.5%
    $685,000
    7%
    $665,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $735,000
    Geo Method
    $585,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $810,000
    Retail
    $700,000
    Mixed-Use
    $640,000
    Hospitality
    $635,000
    Educational
    $635,000
    Residential Income
    $810,000
    Energy
    $680,000
    Income-Based Land
    $640,000
    Food Service
    $725,000

Location Insight

  • Map
  • Local Demand
City
Medford
County
Jackson
State
Oregon
Longitude
-122.863
Latitude
42.3417
CBSA code
32780
CBSA name
MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,078
$39,540
$367,980
$407,520
-
$84,450
$572,930
$657,380
More about this property
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