2000 Biddle Rd Medford, OR 97504
Property profile & analytics
2000 Biddle Rd Medford, OR 97504
- Turn key restaurants
- 5,913 SF
- 0.99 lot acres
Property ID
US71-1847865
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.
Location Intelligence
Current Use by Public Records
- Elmer's Restaurant (North Medford, OR) / Restaurant
- Cardtronics ATM / Atm
Property Details for 2000 Biddle Rd
- Lot size
- 0.99 lot acres
- Property size
- 5,913 SF
- Zone code
- C-R
- Property type
- Turn key restaurants
- APN
- 1-0600221
- APU
- 10600221
Description
This exceptional investment opportunity presents a single-tenant, net-leased restaurant property located at 2000 Biddle Rd, Medford, Oregon, 97504. The property boasts 5,913 square feet on a 0.99-acre lot, situated within a C-R zoned area and identified by APN 37-01W-18C TL #3301. Currently operating at 100% occupancy, the restaurant enjoys a strong lease with a remaining term of 3.5 years, expiring May 30, 2028. The lease structure includes a base rent with a 6% upward adjustment every two years, supplemented by percentage rent. The current annual base rent is $143,447. The property's asking price is $3,041,090, representing a price per square foot of $514.31 and a compelling 4.72% cap rate. The Net Operating Income (NOI) stands at $143,447. This is a one-story building offering a secure, passive income stream for investors seeking a stable, established restaurant investment in a desirable Oregon location. The tenant is a franchisee with a proven track record, operating six other locations within Oregon. This presents a low-risk, high-reward opportunity for discerning investors. The property's strong financial performance, coupled with its favorable lease terms and prime location, makes it an attractive addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.874
- Latitude
- 42.3481
- 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
$19,189
$548,790
$737,860
$1,286,650
-
$810,050
$1,140,170
$1,950,220
