Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,340,000
Warehouses
1620 Skypark Dr Medford, OR 97504
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1812441
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
39,945 SF
Lot
2.15 ac (93,654 SF)
Zoning code
I-L
APN
1-0730285
UPID
US71-1812441
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
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.34M
Owner & transaction history
Buxbear Storage Medford 1630 Sky Pa · 4 yrs held
Buxbear Storage Medford 1630 Sky Pa
since 2021
7 recorded transactions
Zoning & alternative use
I-L · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-L district provides land for warehouse, office, and low intensity industrial uses in areas near residential and commercial zones. It is intended for industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare, or fire and explosive hazards
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
2,019.51 ac
Source
Realmo
Top alternative use upside
Industrial (general)
$3.9M
+10.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,525,000
Current use
INDUSTRIAL (GENERAL)
$3,890,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$2.34M
Range $2.11M – $2.57M · ±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
$59 / 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
$23,889
Tax year 2023
Assessed value
$1,601,760
Assessed 2023
Previous assessed
$1,555,110
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$279,720
Assessed improvement
$1,322,040
Land market value
$1,002,550
Improvement market value
$1,450,070
Total market value
$2,452,620
Applied tax rate
4,901.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Total area
39,945 SF
Lot
2.15 ac (93,654 SF)
Zoning code
I-L
APN
1-0730285
UPID
US71-1812441
Jurisdiction
JACKSON
Zoning & alternative use
I-L · Medford, ORZoning I-L · permitted uses
I-L · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-L district provides land for warehouse, office, and low intensity industrial uses in areas near residential and commercial zones. It is intended for industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare, or fire and explosive hazards
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
2,019.51 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
Heating
NONE
Lot
2.15 ac
Current owner
From public records · entity-resolved
Buxbear Storage Medford 1630 Sky Pa
Individual
Mailing address
1700 S EL CAMINO REAL STE #404, SAN MATEO, CA 94402-3050
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
—
Buxbear Storage Medford 1630 Sky Pa
Rjk Lpk IV LLC
Warranty Deed
$18,000,000 · Bank Of America NA
Oct 31, 2005
$1,800,000
Rjk Lpk IV LLC
Professional Inv Ntwk LLC
Warranty Deed
$1,250,000 · Sterling Savings Bank
Jan 21, 2005
$200,000
Pauline Rodriguez
Anchick,jack & Claire
Grant Deed
—
Jan 3, 2005
—
Professional Inv Network LLC Etal
Professional Inv Netwk LLC
Quit Claim Deed
related
—
Dec 20, 2000
$1,100,000
Professionl Investment Network
Mitchell Bros Terminal Co
Grant Deed
$825,000 · South Valley Bank & Trust
—
—
Mitchell Bros Terminal Co
—
Deed Of Trust
related
$470,000 · Bank Of Southern Oregon
—
—
Rjk Lpk IV LLC
—
Loan Modification
related
—
—
—
Professional Inv Network LLC
—
Deed Of Trust
related
$1,100,000 · South Valley Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1620 Skypark Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
