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Property profile & analytics
OFF-MARKET
Estimated value
$5,755,000
Strip malls
1200 Biddle Rd, Medford, OR 97504-5295
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0464094
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
21,660 SF
Lot
2.03 ac (88,427 SF)
Zoning code
C-R
APN
1-0327740
UPID
US71-0464094
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
-
Men's Wearhouse Clothing & Fashion Store
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Great Clips Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.62M
CAP Approach
CAP
$4.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.76M
Owner & transaction history
Nmj Nevada Management LLC · 3 yrs held
Nmj Nevada Management LLC
since 2023
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
C-R · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+30.0%
Medical building
$5.5M
+21.6%
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
$5,625,000
ML approach
$5,620,000
CAP Approach
CAP Return
Estimation
6%
$5,335,000
6.5%
$4,925,000
7%
$4,570,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,495,000
Current use
RESTAURANT
$5,850,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$5,470,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,690,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$5.76M
Range $5.18M – $6.33M · ±10% · vs last sale $6.30M (Jun 28 2023)
Last sale anchor
$6.30M
Jun 28 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
$266 / 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
$62,613
Tax year 2023
Assessed value
$4,198,290
Assessed 2023
Previous assessed
$4,076,010
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,854,030
Assessed improvement
$2,344,260
Land market value
$3,339,870
Improvement market value
$1,918,270
Total market value
$5,258,140
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Total area
21,660 SF
Lot
2.03 ac (88,427 SF)
Zoning code
C-R
APN
1-0327740
UPID
US71-0464094
Jurisdiction
JACKSON
Zoning & alternative use
C-R · Medford, OR
Zoning C-R · permitted uses
C-R · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.5M
RESTAURANT
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (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
Heating
NONE
Lot
2.03 ac
Current owner
From public records · entity-resolved
Nmj Nevada Management LLC
Entity
Mailing address
1316 EUROPEAN DR, HENDERSON, NV 89052-4017
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2023
$6,300,000
Nmj Nevada Management LLC
Blue Sky Plaza LLC
Warranty Deed
—
Dec 5, 2019
—
Blue Sky Plaza LLC
—
Correction Deed
related
$3,610,000 · Samnick Hldgs LLC
Sep 27, 2018
—
Blue Sky Plaza LLC
—
Trustees Deed
related
$5,000,000 · Ate Consulting LLC
Jun 8, 2016
—
Blue Sky Plaza LLC
—
Deed
related
$1,900,000 · Blum Commercial Properties LLC
Nov 18, 1997
—
Blue Sky Plaza LLC
—
Deed Of Trust
related
$2,500,000 · Bank Of Southern Oregon
May 9, 1997
—
Toys R Us
Blue Sky Plaza LLC
Grant Deed
related
—
Jun 28, 1996
—
Blue Sky Plaza LLC
—
Grant Deed
related
$2,100,000 · Us National Bank Oregon
Oct 20, 1995
—
Blue Sky Plaza L L C
Blue Sky Partnership INC
Grant Deed
related
—
Mar 18, 1994
$953,297
Blue Sky Partnership INC
Smith,e La Rue & Dorothy J
Grant Deed
related
—
Mar 17, 1994
—
—
Smith,e La Rue & Dorothy J
Grant Deed
related
—
Mar 2, 1993
—
E La Rue
Smith,e La Rue & Dorothy J
Grant Deed
related
—
Oct 10, 1988
$400,000
E La Rue
Muller,annette L
Grant Deed
related
—
Oct 24, 1979
$300,000
—
—
Grant Deed
related
—
—
—
Blue Sky Plaza LLC
—
Deed Of Trust
related
$1,900,000 · Blum Commercial Properties LLC
—
—
Blue Sky Plaza LLC
—
Deed Of Trust
related
$3,010,000 · Premierwest Bank
—
—
Blue Sky Plaza LLC
—
Deed Of Trust
related
$818,500 · Premierwest Bank
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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