Property profile

21850 Hwy 62 Shady Cove, OR 97539

OFF-MARKET
Strip malls
Property ID
US71-0620877
9,688 SF 0.88 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 9,688 SF
Lot 0.88 ac (38,333 SF)
Zoning code GC
APN 1-0271128
UPID US71-0620877

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21850 Hwy 62 Shady Cove, OR 97539-8715
Shady Cove metro Census 2702 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$487k
Blend (final) Blend
$715k

Owner & transaction history

since 2024
Last sale
$712,500
7 recorded transactions
2024
$712,500
1996
Price N/A
1996
Price N/A
1996
Price N/A
1993
Price N/A
1990
$115,000
1986
$25,000

Zoning & alternative use

GC · Shady Cove, OR
Zoning description

GENERAL COMMERCIAL DISTRICT, G-C PUBLIC USES DISTRICT, P AIRPARK, COMMERCIAL, A-C LIMITED INDUSTRIAL DISTRICT, L-I WILDFIRE HAZARD AREA; WILDLIFE HAZARD MITIGATION PLANNED UNIT DEVELOPMENT RESIDENTIAL PROPERTY DEVELOPMEN…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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