Property profile

123 Luman Rd Phoenix, OR 97535

OFF-MARKET
Office Spaces
Property ID
US71-0643044
3,580 SF 1.37 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 3,580 SF
Lot 1.37 ac (59,677 SF)
Zoning code C-T
APN 1-0025623
UPID US71-0643044

Cap rate & NOI

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

Location

123 Luman Rd Phoenix, OR 97535-9807
Phoenix metro Census 1601 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$570k
Comparable Approach Comparable
$881k
Blend (final) Blend
$275k

Owner & transaction history

since 2021
7 recorded transactions
2024
Price N/A
2021
Price N/A
2020
$742,750
2001
Price N/A
1996
Price N/A
1996
Price N/A
1989
$200,000

Zoning & alternative use

C-T · Phoenix, OR
Top alternative use upside
Medical building $905,000 +47.9%
Neighborhood: shopping center $745,000 +21.7%

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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