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    1363 Ctr Dr Medford, OR 97501-7938

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    1363 Ctr Dr Medford, OR 97501-7938


    • Strip malls
    • 9,257 SF
    • 1.04 lot acres
    Off-Market
    Last Sale Feb 12, 2020
    Property ID
    US71-1831180
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,800,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 1363 Ctr Dr

    Year built
    2006
    Lot size
    1.04 lot acres
    Property size
    9,257 SF
    Zone code
    C-R
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1-0831454
    APU
    10831454

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • 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

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.854
    Latitude
    42.3111
    CBSA code
    32780
    CBSA name
    MEDFORD, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,962
    $868,700
    $805,050
    $1,673,750
    -
    $1,216,970
    $922,570
    $2,139,540
    More about this property
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