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    Property profile & analytics

    2300 Biddle Rd Medford, OR 97504-4105

    • Hotels
    • 9,599 SF
    • 5.13 lot acres
    OFF-MARKET
    Last Sale
    Dec 14, 2023
    $1,700
    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0789347
    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.

    Current Use by Public Records

    • The Regency Grill / Restaurant
    • Healing Gardens Medford / Alternative Medicine Practice / Spa & Massage Center
    • Rogue Regency Inn & Suites / Hotel & Motel
    • Cassandra V. Holmes, LMT / Physician
    • Chadwicks Pub / Nightclub / Bar & Pub

    Property Details for 2300 Biddle Rd

    Lot size
    5.13 lot acres
    Property size
    9,599 SF
    Zone code
    C-R
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1-0424751
    APU
    10424751

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,005,000
      6.5%
      $925,000
      7%
      $860,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.874
    Latitude
    42.3532
    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
    $114,007
    $4,829,400
    $2,854,300
    $7,683,700
    -
    $4,829,400
    $2,854,300
    $7,683,700

    Comparable in this City

    • Value Estimation
      $8,505,000
      85,088 SF

      2010 Hospitality Way

      HOTEL/MOTEL • 85,088 SF
      2010 Hospitality Way, Medford, OR 97504-8212
      View Details
    • Value Estimation
      $9,310,000
      37,652 SF

      580 Airport Rd

      HOTEL/MOTEL • 37,652 SF
      580 Airport Rd, Medford, OR 97504-4156
      View Details
    • Value Estimation
      $2,275,000
      39,492 SF

      3548 Heathrow Way

      HOTEL/MOTEL • 39,492 SF
      3548 Heathrow Way, Medford, OR 97504-4004
      View Details
    • Value Estimation
      $6,040,000
      79,712 SF

      3519 Heathrow Way

      HOTEL/MOTEL • 79,712 SF
      3519 Heathrow Way, Medford, OR 97504-4004
      View Details
    • Value Estimation
      $4,860,000
      16,778 SF

      2280 Biddle Rd

      HOTEL/MOTEL • 16,778 SF
      2280 Biddle Rd, Medford, OR 97504-5250
      View Details
    • Value Estimation by Request
      14,328 SF

      1122 Morrow Rd

      HOTEL/MOTEL • 14,328 SF
      1122 Morrow Rd, Medford, OR 97504-4607
      View Details

    Similar Nearby for Sale

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      Medford Commercial Land For Sale

      Corner lot with utilities available and potential owner-carry terms.
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    • $160,000
      0.26 Acres

      Residential Land with Golf Course Views

      Building lot in established neighborhood with views of Centennial Golf Course.
      2720 Donna Lee Dr, Medford, OR 97504
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    • $569,000
      6.54 Acres

      Medford Land with Panoramic Views

      6.54-acre property with panoramic Rogue Valley views.
      4286 Aerial Heights Dr, Medford, OR 97504
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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease in Medford, Oregon.
      1841 E Barnett Rd, Medford, OR 97504
      View Details
    • Contact for pricing
      2,380 SF

      Medford Retail and Restaurant Space

      Retail, restaurant, and office spaces available in Medford center.
      639 Medford Ctr, Medford, OR 97504
      View Details
    • Contact for pricing

      Land in Master Planned Park

      Land for lease or build to suit in Medford.
      3595 E Barnett Rd, Medford, OR 97504
      View Details
    • Contact for pricing

      High Exposure Strip Center Space

      2,340 SF space in high-exposure strip center available immediately.
      1600 Delta Waters Rd, Medford, OR 97504
      View Details
    • Contact for pricing

      Retail Space on Progress Drive

      West end cap space in Medford strip center for rent.
      1112 Progress Dr, Medford, OR 97504
      View Details
    • Contact for pricing
      30,000 SF

      High-Visibility Retail Space Available

      30,000 SF retail space in high-traffic area.
      3525 Crater Lake Hwy, Medford, OR 97504
      View Details
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    Medford, OR 97504-4105
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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