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Property profile & analytics
OFF-MARKET
Warehouses
1123 Ct St Medford, OR 97501-5729
Individually Owned
37-yr Hold
Free & Clear
Property ID
US71-0976566
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Lot
0.13 ac (5,663 SF)
Zoning code
C-H
APN
1-0385701
UPID
US71-0976566
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
Kevin B Hewitt · 37 yrs held
Kevin B Hewitt
since 1989
3 recorded transactions
Zoning & alternative use
C-H · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-H district provides lands for those heavier commercial and service commercial uses which typically may produce a greater degree of noise, vibration, air pollution, and glare than residential or other commercial zones
Zone name
Heavy Commercial
General category
COMMERCIAL
Zone area
636.30 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,271
Tax year 2023
Assessed value
$85,230
Assessed 2023
Previous assessed
$82,750
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$73,310
Assessed improvement
$11,920
Land market value
$137,260
Improvement market value
$11,480
Total market value
$148,740
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
0.13 ac (5,663 SF)
Zoning code
C-H
APN
1-0385701
UPID
US71-0976566
Jurisdiction
JACKSON
Zoning & alternative use
C-H · Medford, ORZoning C-H · permitted uses
C-H · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-H district provides lands for those heavier commercial and service commercial uses which typically may produce a greater degree of noise, vibration, air pollution, and glare than residential or other commercial zones
Zone name
Heavy Commercial
General category
COMMERCIAL
Zone area
636.30 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Kevin B Hewitt
Individual
Free & Clear · 37 yrs held
Mailing address
PO BOX 4674, MEDFORD, OR 97501-0189
Ownership since
1989
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
May 4, 1989
$165,000
Kevin B Hewitt
Podsakoff,dorothy
Grant Deed
related
—
Mar 31, 1988
$80,000
Dorothy Podsakoff
Lacey,larry
Grant Deed
related
—
Apr 12, 1984
—
Lacey,larry
Lacey,richard L & Janice A
Grant Deed
related
—
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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