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Property profile & analytics
OFF-MARKET
Estimated value
$4,975,000
Grocery and convenience stores
1990 Pacific Hwy, Medford, OR 97501-1635
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0019446
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
40,062 SF
Lot
3.15 ac (137,214 SF)
Zoning code
C-C
APN
1-0492470
UPID
US71-0019446
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
-
Natural Grocers Grocery & Convenience Store Food Market
-
POP-N-FRESH Kettle Corn (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.33M
Blend (final)
Blend
$4.98M
Owner & transaction history
Richard Lafayette · 2 yrs held
Richard Lafayette
since 2024
Last sale
$23,000
7 recorded transactions
Zoning & alternative use
C-C · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.2M
+13.3%
Auto repair, garage
$6.5M
+1.7%
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
RETAIL STORES
$6,370,000
Current use
COMMERCIAL (GENERAL)
$7,220,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,480,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$4.98M
Range $4.48M – $5.47M · ±10% · vs last sale $23k (Jan 2 2024)
Last sale anchor
$23k
Jan 2 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
$124 / 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
$51,926
Tax year 2023
Assessed value
$3,481,690
Assessed 2023
Previous assessed
$3,380,290
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,553,380
Assessed improvement
$1,928,310
Land market value
$4,073,990
Improvement market value
$295,490
Total market value
$4,369,480
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Heating
NONE
Total area
40,062 SF
Lot
3.15 ac (137,214 SF)
Zoning code
C-C
APN
1-0492470
UPID
US71-0019446
Jurisdiction
JACKSON
Zoning & alternative use
C-C · Medford, OR
Zoning C-C · permitted uses
C-C · 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
RETAIL STORES Current
Est. value
$6.4M
COMMERCIAL (GENERAL)
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$6.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
3.15 ac
Current owner
From public records · entity-resolved
Richard Lafayette
Individual
Free & Clear · 2 yrs held
Mailing address
4040 FAIRVIEW INDUSTRIAL DR SE #2, SALEM, OR 97302-1142
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
—
Richard Lafayette
Richard Lafayette
Deed
related
—
Jan 2, 2024
—
Oregon Department Of Transportation
Wenoregon LLC
Quit Claim Deed
related
—
Jan 2, 2024
$23,000
State Of Oregon
Development LP
Warranty Deed
—
Dec 30, 2020
—
Fit Development LP
—
Deed
related
$3,250,000 · Miscellaneous Ins Co
Jan 7, 2014
—
Fit Dev LP
Mjm Medford Re I LLC
Grant Deed
$3,850,000 · Symetra Life Insurance Co
Mar 8, 2013
—
Medford Re I LLC
—
Deed Of Trust
related
$3,325,000 · First Bank
Nov 27, 2012
$2,875,000
Medford Re I LLC
Loko Properties LLC
Warranty Deed
$3,053,258 · Mhs Trust (pt)
Nov 12, 2008
—
Loko Properties LLC
—
Trustees Deed
related
$150,000 · Liberty Bank
Nov 8, 2006
$3,250,000
Loko Properties LLC
C & K Markets INC
Warranty Deed
$3,075,000 · Liberty Bank
Jan 11, 1993
$900,000
C & K Markets INC
Stallcup Walt Entprs INC
Grant Deed
related
—
Mar 13, 1992
$750,000
Stallcup Walt Entprs INC
Cal Fed Investment Corp
Grant Deed
related
—
Apr 24, 1991
$710,000
Cal Fed Investment Corp
Beneficial Standard Life
Grant Deed
related
—
Jan 31, 1989
$585,723
Standard Life Beneficial
Richards Food Centers INC
Grant Deed
related
—
May 2, 1986
—
Richards Food Centers INC
Hicks,richard J & Letty L
Grant Deed
related
—
—
—
Loko Properties LLC
—
Deed Of Trust
related
—
—
—
Fit Development LP
—
Deed Of Trust
related
$3,250,000 · Miscellaneous Ins Co
—
—
Loko Properties LLC
—
Deed Of Trust
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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