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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Automotive properties
1923 Sage Rd, Medford, OR 97501-1760
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0946505
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Total area
4,410 SF
Lot
8.61 ac (375,052 SF)
Zoning code
I-H
APN
1-0633522
UPID
US71-0946505
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
-
Heartland Express Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$781k
Blend (final)
Blend
$790k
Owner & transaction history
Heart-land Express INC Of Iowa · 8 yrs held
Heart-land Express INC Of Iowa
since 2018
7 recorded transactions
Zoning & alternative use
I-H · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+56.1%
Neighborhood: shopping center
$915,000
+28.4%
Commercial (general)
$795,000
+11.4%
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
AUTO REPAIR, GARAGE
$715,000
Current use
MEDICAL BUILDING
$1,115,000
Change: +56% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +11% · Conversion: Moderate
RETAIL STORES
$700,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$179 / 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
$67,891
Tax year 2023
Assessed value
$4,552,150
Assessed 2023
Previous assessed
$4,419,570
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$855,460
Assessed improvement
$3,696,690
Land market value
$3,475,730
Improvement market value
$5,024,320
Total market value
$8,500,050
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Heating
NONE
Buildings
5
Total area
4,410 SF
Lot
8.61 ac (375,052 SF)
Zoning code
I-H
APN
1-0633522
UPID
US71-0946505
Jurisdiction
JACKSON
Zoning & alternative use
I-H · Medford, OR
Zoning I-H · permitted uses
I-H · 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
AUTO REPAIR, GARAGE Current
Est. value
$715,000
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$795,000
RETAIL STORES
Est. value
$700,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
Buildings
5
Lot
8.61 ac
Current owner
From public records · entity-resolved
Heart-land Express INC Of Iowa
Entity
Free & Clear · 8 yrs held
Mailing address
901 HEARTLAND WAY, NORTH LIBERTY, IA 52317-6601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2018
—
Heart-land Express INC Of Iowa
Heartland Express INC Of Iowa
Quit Claim Deed
related
—
Dec 8, 2015
$4,375,000
Heartland Express INC Of Iowa
L & V Properties LLC
Grant Deed
—
Oct 15, 2015
—
Larry J Gordon
Gordon,f Irene
Quit Claim Deed
related
—
Dec 7, 2007
—
Gordon,v Jay & F Irene Trust
Gordon,v Jay
Quit Claim Deed
related
—
May 5, 2005
—
L & V Properties LLC
Gordon,larry J & Virginia
Quit Claim Deed
related
—
Sep 20, 1991
—
Larra J Gordon
Parsons,jack D & Virginia A
Grant Deed
related
—
Sep 10, 1991
—
Jack D Parsons
Fjarli,merlin
Grant Deed
related
—
Apr 10, 1991
$450,000
Merlin Fjarli
Brewer,anna G
Grant Deed
related
—
Sep 16, 1986
$255,000
Brewer,anna G
Brewer,anna G
Grant Deed
related
—
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.
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