Property profile

1174 Progress Dr Medford, OR 97504

OFF-MARKET
Commercial real estate
Property ID
US71-0208127
15,010 SF 1.53 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 15,010 SF
Lot 1.53 ac (66,647 SF)
Zoning code C-R
APN 1-0925153
UPID US71-0208127

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • High School Daycare Center
  • Charitable Organization Social Service Agency

Location

1174 Progress Dr Medford, OR 97504-4994
Medford metro Census 405 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.39M
Comparable Approach Comparable
$2.56M
Blend (final) Blend
$2.50M

Owner & transaction history

since 2023
Last sale
$2.8M
7 recorded transactions
2023
$2.8M
2018
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
2017
Price N/A
2001
Price N/A

Zoning & alternative use

C-R · Medford, OR
Zoning description

The C-R zone provides land for the development of those service and commercial uses which serve shoppers from the surrounding region as well as from the local community

General category COMMERCIAL
Top alternative use upside
Restaurant $4.1M +58.5%
Medical building $3.8M +48.3%
Neighborhood: shopping center $3.1M +21.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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