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    Property profile & analytics
    OFF-MARKET Estimated value $750,000
    Medical Office Space

    1605 Mcandrews Rd, Medford, OR 97504

    2,182 SF 0.08 ac lot Built 1991
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US71-0874251
    Property summary
    AI-generated overview

    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
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1991
    Total area 2,182 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code C-S/P
    APN 1-0326443
    UPID US71-0874251
    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
    $775k
    CAP Approach CAP
    $485k
    Comparable Approach Comparable
    $506k
    Blend (final) Blend
    $750k
    Owner & transaction history
    Kamdmd Properties LLC · 5 yrs held
    Kamdmd Properties LLC
    since 2021
    Last sale
    $750,000
    7 recorded transactions
    2021
    $750,000
    2017
    $650,000
    1989
    $60,000
    1986
    $80,000
    1981
    1969
    1969
    Zoning & alternative use
    C-S/P · Medford, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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