Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    17 4th St Medford, OR 97501-2605
    Back to Search
    Property profile & analytics

    17 4th St, Medford, OR 97501-2605

    View on Map
    • Turn key restaurants
    • 4,050 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Jan 10, 2023
    $460,000
    Property ID
    US71-1859688
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shiki Sushi & Asian Fusion / Restaurant

    Property Details for 17 4th St

    Lot size
    0.41 lot acres
    Zone code
    C-G
    Property type
    Turn key restaurants
    APN
    1-0392931
    APU
    10392931

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 10, 2023 — Tsai Management LLC Ming & Lee LLC Quit Claim Deed · related —
    Nov 30, 2012 $460,000 Ming H Tsai Nations Lndg LLC Warranty Deed $350k · Nations Lending LLC
    Mar 20, 2012 $375,000 Nations Lndg LLC Shipley,pamela Grant Deed —
    Nov 18, 2004 $500,000 Pamela Shipley Desimone,michael & Dawne Warranty Deed —
    Jan 29, 1988 — D A Turcke Turcke,d A Grant Deed · related —
    Jan 28, 1988 — Timothy L Tolman Turcke,d A Grant Deed · related —
    Jul 28, 1987 $135,000 Turcke,d A Turcke,d A Grant Deed · related —
    Apr 24, 1984 $145,000 Sletten,mark J Sletten,mark J Etal Grant Deed · related —
    — — Timothy L Tolman — Deed Of Trust · related $50k · Western Bank
    — — Timothy L Tolman — Deed Of Trust · related $338k · Western Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.876
    Latitude
    42.328
    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
    $6,048
    $234,010
    $171,510
    $405,520
    -
    $356,150
    $260,990
    $617,140

    Comparable in this City

    • Value Estimation by Request
      1.88 Acres

      2684 Pacific Hwy

      RESTAURANT
      2684 Pacific Hwy, Medford, OR 97501-1645
      View Details
    • Value Estimation by Request
      4,537 SF

      1383 Ctr Dr

      RESTAURANT
      1383 Ctr Dr, Medford, OR 97501-7938
      View Details
    • Value Estimation by Request
      11,919 SF

      123 Frnt St

      RESTAURANT
      123 Frnt St, Medford, OR 97501-7249
      View Details
    • Value Estimation by Request
      2,902 SF

      409 Barnett Rd

      RESTAURANT
      409 Barnett Rd, Medford, OR 97501-7931
      View Details
    • Value Estimation
      $700,000
      10,600 SF

      1293 Ctr Dr

      RESTAURANT
      1293 Ctr Dr, Medford, OR 97501-7940
      View Details
    • Value Estimation
      $975,000
      5,287 SF

      142 Frnt St

      RESTAURANT
      142 Frnt St, Medford, OR 97501-5905
      View Details

    Similar Nearby for Sale

    • $395,000
      Pending

      Medford Commercial Property For Sale

      Live music bar and night club in Medford, Oregon.
      31 S Grape St, Medford, OR 97501
      View Details
    • $600,000
      6,400 SF

      Established Irish Pub Opportunity

      Thriving Irish pub for sale in downtown Medford, Oregon.
      126 W Main St, Medford, OR 97501
      View Details
    • $635,000
      4,448 SF

      Medford Automotive Investment Opportunity

      Leased automotive building with income and business potential on 0.54-acre.
      1250 W Mcandrews Rd, Medford, OR 97501
      View Details
    • $295,000
      694 SF

      Medford Commercial Opportunity For Sale

      High-traffic location ideal for retail or service-based business.
      420 S Central Ave, Medford, OR 97501
      View Details
    • $1,503,400
      51,300 SF

      Versatile Commercial Building in Medford

      51,300 SF building with office, warehouse, and retail space.
      327 S Fir St, Medford, OR 97501
      View Details
    • Contact for pricing
      11,284 SF

      Downtown Medford Retail/Office Space

      Retail/office space with high ceiling storage in downtown Medford.
      765 S Riverside Ave, Medford, OR 97501
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Medford Commercial Space Available

      High-traffic location with potential for retail or office use.
      226 N Ross Ln, Medford, OR 97501
      View Details
    • Contact for pricing
      1,264 SF

      Retail, Restaurant, Office Space Available

      Retail, restaurant, and office spaces for lease.
      606 Medford Ctr, Medford, OR 97501
      View Details
    • New
      $12,500 /Mo
      Pending

      Class A Restaurant Space Available

      9170 SQFT restaurant space in South Medford Center.
      1445 Center Dr, Medford, OR 97501
      View Details
    • Contact for pricing

      Restaurant Space in High-Exposure Strip

      Restaurant space in an actively used strip center near the South Medford interchange, with tenant and use approval by owner.
      1325 Center Dr, Medford, OR 97501
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space Near Bi-Mart

      Retail space available in future development near Bi-Mart.
      2699 W Main St, Medford, OR 97501
      View Details
    • Contact for pricing

      Medford Warehouse with Office Space

      Warehouse with reception, offices, roll-up doors, and restrooms.
      820 S Central Ave, Medford, OR 97501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17 4th St
    Medford, OR 97501-2605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    17 4th St, Medford, OR, 97501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!