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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Strip malls
1363 Ctr Dr, Medford, OR 97501-7938
Entity Owned
6-yr Hold
Free & Clear
Property ID
US71-1831180
Property summary
AI-generated overview
This exceptional 4,152 square foot retail or restaurant space presents a remarkable opportunity in South Medford, Oregon. Built in 2023, this single-tenant building sits on a highly visible 0.48-acre lot at a signalized corner directly across from the South Medford Walmart, ensuring significant foot and vehicle traffic. The property boasts a convenient drive-thru, adding to its appeal for a variety of businesses. The building is currently vacant and ready for immediate occupancy. The property's prime location and modern construction make it ideal for a wide range of retail or restaurant concepts. Potential tenants should be aware that some restrictions apply, and the owner retains the right to approve the tenant, assess their financial stability, and ultimately determine the permitted use of the space. The Assessor's Parcel Number (APN) is 10831454, located within Jackson County. This is a rare opportunity to secure a brand-new, strategically located commercial property in a thriving retail area. Don't miss out on this chance to establish your business in a high-traffic, high-visibility location. Serious inquiries only.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
9,257 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C-R
APN
1-0831454
UPID
US71-1831180
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
$2.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Rbs LLC · 6 yrs held
Rbs LLC
since 2020
7 recorded transactions
Zoning & alternative use
C-R · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+30.0%
Medical building
$2.3M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,920,000
Current use
RESTAURANT
$2,500,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$2,335,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,670,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10%
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
$194 / 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
$24,962
Tax year 2023
Assessed value
$1,673,750
Assessed 2023
Previous assessed
$1,625,000
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$868,700
Assessed improvement
$805,050
Land market value
$1,216,970
Improvement market value
$922,570
Total market value
$2,139,540
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
Year built
2006
Heating
NONE
Total area
9,257 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C-R
APN
1-0831454
UPID
US71-1831180
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
$1.9M
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$1.7M
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
Year built
2006
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Rbs LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 970, MEDFORD, OR 97501-0286
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2023
—
Cdtmed LLC
—
Deed
related
$1,400,000 · Evergreen Fsla
Feb 12, 2020
—
Rbs LLC
William L Leever
Warranty Deed
—
Jan 7, 2020
—
Rbs LLC
Frank J Pulver III
Warranty Deed
—
Oct 18, 2018
—
Frank J Pulver III
Smith,dorothy J
Warranty Deed
—
Dec 30, 2016
—
Dorothy J Smith
So Gateway II LLC
Quit Claim Deed
—
Aug 23, 2012
—
So Gateway II LLC
Cdtmed LLC
Grant Deed
related
—
Sep 19, 2006
$81,601
Dorothy J Smith
Smith,randy M
Warranty Deed
related
—
Jul 13, 2005
—
Dorothy J Smith
American Exchange Services INC
Grant Deed
related
—
—
—
So Gateway II LLC
—
Deed Of Trust
related
$1,200,000 · Evergreen Federal S&l Assn
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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