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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Grocery and convenience stores
2230 Biddle Rd, Medford, OR 97504-5250
Individually Owned
16-yr Hold
Free & Clear
Property ID
US71-0883768
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
3,600 SF
Lot
8.16 ac (355,450 SF)
Zoning code
C-R
APN
1-0320392
UPID
US71-0883768
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
-
Sherm's Food 4 Less Grocery & Convenience Store Food Market
-
Food 4 less Grocery & Convenience Store Food Market
-
Haircut Tattoo & Piercing Shop
-
Coinstar Kiosk | Bitcoin ATM Kiosk Atm
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$580k
Owner & transaction history
Anderson,duke G Tr Etal · 16 yrs held
Anderson,duke G Tr Etal
since 2009
6 recorded transactions
Zoning & alternative use
C-R · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$910,000
+58.8%
Neighborhood: shopping center
$745,000
+30.6%
Commercial (general)
$615,000
+7.1%
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
$350,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
RETAIL STORES
$570,000
Current use
MEDICAL BUILDING
$910,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$615,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$580,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$161 / 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
$77,760
Tax year 2023
Assessed value
$5,213,900
Assessed 2023
Previous assessed
$5,062,040
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$2,820,530
Assessed improvement
$2,393,370
Land market value
$4,810,130
Improvement market value
$2,189,270
Total market value
$6,999,400
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
3,600 SF
Lot
8.16 ac (355,450 SF)
Zoning code
C-R
APN
1-0320392
UPID
US71-0883768
Jurisdiction
JACKSON
Zoning & alternative use
C-R · Medford, OR
Zoning C-R · permitted uses
C-R · 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
$570,000
MEDICAL BUILDING
Est. value
$910,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$580,000
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
8.16 ac
Current owner
From public records · entity-resolved
Anderson,duke G Tr Etal
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 1607, MEDFORD, OR 97501-0122
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2009
—
Anderson,duke G Tr Etal
Anderson,duke G
Quit Claim Deed
related
—
Jun 3, 2003
—
Oregon State
Par Mac Medford
Quit Claim Deed
related
—
Jun 3, 2003
$250,840
Oregon State
Dickey,tr
Grant Deed
—
Jan 13, 1997
—
Anderson,duke G
Anderson,duke G
Grant Deed
related
—
Jul 27, 1995
—
Anderson,duke G
Anderson,duke G
Grant Deed
related
—
Jul 12, 1990
—
Duke G Anderson
A & A Investments
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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