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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Strip malls
2305 Ashland St, Ashland, OR 97520-3777
Individually Owned
30-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0213012
Property summary
AI-generated overview
Tolman Creek Plaza, located at 2305 Ashland St, Ashland, OR 97520, presents a unique opportunity for businesses seeking a prime retail location. This Class A, single-story building, totaling 8,760 square feet, underwent a complete renovation in 2023, boasting modern amenities and a fresh aesthetic. Currently, there are multiple tenancies available, with 2,668 square feet immediately available and additional space potentially available. The property sits on a 0.77-acre lot and offers ample parking for customers and employees. Built in 1991 and extensively remodeled in 2022-2023 to meet the standards of a national chain, the property features ADA-compliant restrooms and outdoor seating. The space includes a large walk-in cooler, ideal for restaurants or businesses requiring cold storage. The property is zoned for commercial use and is situated in a vibrant submarket encompassing office, restaurant, retail, and medical uses, ensuring high visibility and foot traffic. The cross street is Tolman Creek, providing excellent access and convenient location within Ashland, Oregon. This is an exceptional opportunity to establish or expand your business in a thriving community.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
8,760 SF
Lot
0.77 ac (33,541 SF)
Zoning code
C-1
APN
1-0807878
UPID
US71-0213012
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
-
Tagami International Business Management Consultant Food Broker
-
The UPS Store Courier Service Postal Service
-
True Color Fabric Dyeing (Bike/Boat/Book/etc) Store
-
AdventEMO, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Smart Contractor (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Thomas R Becker · 30 yrs held
Thomas R Becker
since 1995
2 recorded transactions
Zoning & alternative use
C-1 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+6.7%
Medical building
$2.1M
+1.9%
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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
NEIGHBORHOOD: SHOPPING CENTER
$2,025,000
Current use
RESTAURANT
$2,165,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$2,065,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$156 / 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
$20,211
Tax year 2023
Assessed value
$1,270,120
Assessed 2023
Previous assessed
$1,233,130
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$590,940
Assessed improvement
$679,180
Land market value
$949,080
Improvement market value
$848,790
Total market value
$1,797,870
Applied tax rate
501.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Total area
8,760 SF
Lot
0.77 ac (33,541 SF)
Zoning code
C-1
APN
1-0807878
UPID
US71-0213012
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Ashland, OR
Zoning C-1 · permitted uses
C-1 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
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
0.77 ac
Current owner
From public records · entity-resolved
Thomas R Becker
Individual
Mailing address
1175 E MAIN ST STE STE, MEDFORD, OR 97504-7499
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 1995
$1,500,000
Thomas R Becker
Watson,james R
Grant Deed
$1,125,000 · Us National Bank Oregon
—
—
Becker 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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