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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Medical Office Space
1094 Royal Ct, Medford, OR 97504-6138
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0933636
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Total area
2,036 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C-S/P
APN
1-0625188
UPID
US71-0933636
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
Current use
Occupant on record · Public records
-
Victoria Nguyen DMD Dental Office
-
Crater Lake Dental : Medford Dentist Dental Office
-
Anthony Paventy Dental Office
-
Devin Jenkins Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$590k
Blend (final)
Blend
$575k
Owner & transaction history
Brown Property Properties LLC · 3 yrs held
Brown Property Properties LLC
since 2023
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
C-S/P · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Medford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$580,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$490,000
6.5%
$455,000
7%
$420,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$515,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$425,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $650k (Feb 17 2023)
Last sale anchor
$650k
Feb 17 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$282 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,084
Tax year 2023
Assessed value
$474,990
Assessed 2023
Previous assessed
$461,160
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$100,750
Assessed improvement
$374,240
Land market value
$133,740
Improvement market value
$507,130
Total market value
$640,870
Applied tax rate
4,901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Heating
NONE
Total area
2,036 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C-S/P
APN
1-0625188
UPID
US71-0933636
Jurisdiction
JACKSON
Zoning & alternative use
C-S/P · Medford, OR
Zoning C-S/P · permitted uses
C-S/P · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$515,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$425,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.19 ac
Current owner
From public records · entity-resolved
Brown Property Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2434 NW PROFESSIONAL DR, CORVALLIS, OR 97330-3991
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2023
$650,000
Brown Property Properties LLC
Zola Investments LLC
Warranty Deed
—
Mar 20, 2009
$523,000
Stacey Devyn Schneck LLC
Jenkins,devin
Warranty Deed
$419,000 · Pacific Continental Bank
Jun 30, 1999
$300,000
Devin Jenkins
Lewellyn Trust
Grant Deed
$745,000 · Money Store Commercial Mtg
Jan 26, 1995
—
Lewellyn,gary D Trustee
Lewellyn,gary D & Yvonne E
Grant Deed
related
—
Aug 17, 1984
—
Lewellyn,gary D & Yvonne E
Hansen,marco E & Wynnelle
Grant Deed
related
—
Dec 14, 1983
$37,710
Hansen,marco E & Wynnelle
—
Grant Deed
related
—
Dec 6, 1982
$70,000
Hansen,marco E & Wynnelle
—
Grant Deed
related
—
—
—
Gary D Lewellyn
—
Deed Of Trust
related
$100,000 · Bank Of Southern Oregon
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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