Property summary
This exceptional 2,182 square foot medical office building, situated on a 0.08-acre lot in Jackson County, presents a unique investment opportunity. Built in 1991, this single-story structure boasts 15 parking spaces, ensuring ample convenience for patients and staff. The property is currently vacant, offering immediate occupancy for a new tenant. The zoning designation is C-S/P, allowing for a variety of medical uses. The building's location on East McAndrews Road, directly across from Providence Hospital, provides excellent visibility and accessibility. This prime location offers significant advantages for attracting patients and establishing a thriving medical practice. The property features a single-tenant occupancy, providing a stable and predictable income stream for the owner. A minimum five-year lease term is preferred. The property owner retains the right to approve the prospective tenant and intended use of the space. The Assessor's Parcel Number (APN) is 10326443. This is a turn-key opportunity for a medical professional seeking a well-located, readily available space to establish or expand their practice.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-S/P district provides land for professional offices, hospitals, and limited service commercial uses. This district is intended to be customer-oriented, however, retail uses are limited
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-S/P · Medford, ORThe C-S/P district provides land for professional offices, hospitals, and limited service commercial uses. This district is intended to be customer-oriented, however, retail uses are limited
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-S/P district provides land for professional offices, hospitals, and limited service commercial uses. This district is intended to be customer-oriented, however, retail uses are limited
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-S/P in Medford, OR.
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Find the owner behind the property.
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