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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Warehouses
1120 Helicopter Way Medford, OR 97502-8468
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0407894
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
8,400 SF
Lot
0.65 ac (28,314 SF)
Zoning code
I-H
APN
1-0985257
UPID
US71-0407894
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
-
C & C Constructors, LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$825k
Owner & transaction history
Mjlc Properties LLC · 7 yrs held
Mjlc Properties LLC
since 2018
3 recorded transactions
Zoning & alternative use
I-H · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+72.9%
Retail stores
$1.3M
+69.9%
Commercial (general)
$1.2M
+55.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$785,000
Current use
AUTO REPAIR, GARAGE
$1,360,000
Change: +73% · Conversion: Easy
RETAIL STORES
$1,335,000
Change: +70% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,220,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$820,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±10%
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
$98 / 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
$9,757
Tax year 2023
Assessed value
$654,200
Assessed 2023
Previous assessed
$635,150
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$221,610
Assessed improvement
$432,590
Land market value
$319,300
Improvement market value
$704,960
Total market value
$1,024,260
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
NONE
Buildings
2
Total area
8,400 SF
Lot
0.65 ac (28,314 SF)
Zoning code
I-H
APN
1-0985257
UPID
US71-0407894
Jurisdiction
JACKSON
Zoning & alternative use
I-H · Medford, OR
Zoning I-H · permitted uses
I-H · 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
WAREHOUSE, STORAGE Current
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$820,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2020
Heating
NONE
Buildings
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Mjlc Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8825 HIGH BANKS RD, CENTRAL POINT, OR 97502-8411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
—
Mjlc Properties LLC
—
Deed
related
$875,000 · Evergreen Fsla
Jan 31, 2020
—
Mjlc Properties LLC
—
Deed
related
$660,000 · Evergreen Fsla
Dec 4, 2018
$50,000
Mjlc Properties LLC
Salyer,jim D & Jodi
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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