1501 Sage Rd Medford, OR 97501-1762
Property Lookup
Property profile & analytics
1501 Sage Rd Medford, OR 97501-1762
- Turn key restaurants
- 15,000 SF
- 0.96 lot acres
Property ID
US71-1748968
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.
Location Intelligence
Current Use by Public Records
- Los Arcos Taqueria & Restaurant / Restaurant
- Labortek / Employment Agency
Property Details for 1501 Sage Rd
- Year built
- 1996
- Lot size
- 0.96 lot acres
- Property size
- 15,000 SF
- Zone code
- I-G
- Property type
- Turn key restaurants
- APN
- 1-0803371
- APU
- 10803371
Description
This exceptional investment opportunity presents a portfolio of three commercial buildings totaling 15,000 square feet of gross rentable area, situated on a 0.96-acre lot in Medford, Oregon. The property is zoned IG (General Industrial) and boasts a compelling 9% capitalization rate, generating substantial monthly gross rents of $25,500. The expense ratio is a manageable 12.44%. The buildings are currently occupied by a diverse mix of long-term tenants. Building 1501 A/B/C houses a recently remodeled restaurant, while buildings 1503 and 1505 A/B/C/D are utilized for manufacturing and storage purposes. Recent capital improvements include the installation of new HVAC systems throughout the complex, a complete restaurant remodel in Building 1501, and a new fire suppression system in Building 1503. This is a turnkey investment opportunity with established tenants and a proven track record of strong cash flow. The sale includes the real estate only
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,023,000
Market price range: $1.02M - $2.77M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.891
- Latitude
- 42.3392
- 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
$19,981
$264,610
$955,840
$1,220,450
-
$311,340
$1,198,310
$1,509,650
