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Property profile & analytics
FOR LEASE
Super regional malls
165 Rossanley Dr, Medford, OR 97501
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-1076275
For Lease
1 / 2
$28,625,000
165 Rossanley Dr, Medford, OR 97501
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2016
Total area
176,910 SF
Lot
17.81 ac (775,804 SF)
Zoning code
C-R
APN
1-0429127
UPID
US71-1076275
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
Current use
Occupant on record · Public records
-
RAM Restaurant & Brewery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$28.63M
Owner & transaction history
State Of Oregon · 2 yrs held
State Of Oregon
since 2024
Last sale
$41,000
7 recorded transactions
Zoning & alternative use
C-R · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$44.7M
+21.6%
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
NEIGHBORHOOD: SHOPPING CENTER
$36,730,000
Current use
MEDICAL BUILDING
$44,670,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$31,875,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$28.63M
Range $25.76M – $31.49M · ±10% · vs last sale $41k (May 1 2024)
Last sale anchor
$41k
May 1 2024
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
$162 / 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
$291,521
Tax year 2023
Assessed value
$19,546,790
Assessed 2023
Previous assessed
$19,546,790
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$509,270
Assessed improvement
$19,037,520
Land market value
$6,737,890
Improvement market value
$28,824,460
Total market value
$35,562,350
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
2016
Heating
NONE
Buildings
8
Total area
176,910 SF
Lot
17.81 ac (775,804 SF)
Zoning code
C-R
APN
1-0429127
UPID
US71-1076275
Jurisdiction
JACKSON
Zoning & alternative use
C-R · Medford, OR
Zoning C-R · permitted uses
C-R · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$36.7M
MEDICAL BUILDING
Est. value
$44.7M
COMMERCIAL (GENERAL)
Est. value
$31.9M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
COMMERCIAL (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
Year built
2016
Heating
NONE
Buildings
8
Lot
17.81 ac
Current owner
From public records · entity-resolved
State Of Oregon
Individual
Mailing address
4040 FAIRVIEW INDUSTRIAL DR #2, SALEM, OR 97302-1142
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
—
State Of Oregon
Dicks Sporting Goods INC
Quit Claim Deed
related
—
Apr 30, 2024
—
Department Of Transportation
Ulta Salon Cosmetics & Fragrance In
Quit Claim Deed
related
—
Apr 26, 2024
$41,000
State Of Oregon
Alba Village Phase II LLC
Warranty Deed
—
Apr 26, 2024
—
State Of Oregon
Alba Village Regency LLC
Quit Claim Deed
related
—
Oct 27, 2016
—
Medford 140 LLC
—
Deed
related
$12,077,069 · Washington Tr Bk
Aug 4, 2009
—
Alba Village LLC
—
Deed Of Trust
related
$3,500,000 · Santa Barbara Bank & Trust
Sep 12, 2007
—
Alba Village LLC
Northgate Center LLC
Warranty Deed
related
—
Feb 10, 2003
$650,000
Black Silver LLC
Medite Corp
Grant Deed
—
Nov 12, 1993
—
Medite Corporation
Medford Corporation
Grant Deed
related
—
—
—
Medford 140 LLC
—
Deed Of Trust
related
$12,077,069 · Washington Tr Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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