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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Strip malls
1345 Ctr Dr Medford, OR 97501-7945
Individually Owned
5-yr Hold
Free & Clear
Property ID
US71-1817296
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
14,377 SF
Lot
1.19 ac (51,836 SF)
Zoning code
C-R
APN
1-0831413
UPID
US71-1817296
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
-
Valley Immediate Care Occupational Health Occupational Health Service
-
Oregon Child Development Coalition - Family Day Care Homes Charitable Organization Social Service Agency
-
Jefferson IT Tech Support Center IT Consulting Firm
-
Jordan Spence Physician
-
Elle Morgan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.12M
Owner & transaction history
Terry W Smith · 5 yrs held
Terry W Smith
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C-R · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,260,000
ML approach
$2,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,985,000
Current use
COMMERCIAL (GENERAL)
$2,590,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.00M (Aug 19 2020)
Last sale anchor
$2.00M
Aug 19 2020
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
$147 / 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
$30,149
Tax year 2023
Assessed value
$2,021,500
Assessed 2023
Previous assessed
$1,962,630
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,081,640
Assessed improvement
$939,860
Land market value
$1,275,480
Improvement market value
$1,201,520
Total market value
$2,477,000
Applied tax rate
4,950.0000
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
Buildings
2
Total area
14,377 SF
Lot
1.19 ac (51,836 SF)
Zoning code
C-R
APN
1-0831413
UPID
US71-1817296
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
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER Current
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
Buildings
2
Lot
1.19 ac
Current owner
From public records · entity-resolved
Terry W Smith
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 4129, MEDFORD, OR 97501-0152
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2020
—
Terry W Smith
Viking Distributing Co INC Psp
Warranty Deed
related
—
Dec 22, 2003
—
Smith,dorothy J Tr
El Group A LLC
Grant Deed
related
—
Dec 9, 2003
$2,003,000
El Group A LLC
Smith,tr
Grant Deed
—
Apr 27, 1995
—
Viking Distributing Co
Viking Distributing Co
Grant Deed
related
—
Mar 31, 1995
$1,850,000
Viking Distributing Co INC Psp
Quarter Properties
Grant Deed
$1,250,000 · Valley Of The Rogue Bank
Jan 19, 1994
$501,662
Quarter Properties
Medford Urban Renewal Agcy
Grant Deed
related
—
—
—
Dorothy J Smith
—
Deed Of Trust
related
$350,000 · Us National Bank Oregon
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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