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    Property profile & analytics

    2380 Main St Medford, OR 97501-2390

    • Strip malls
    • 4,042 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0476453
    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

    • Dr. Gregory Grunwald, DO / Physician
    • Oregon Internal Medicine LLC / Medical Clinic
    • Gregory Scott Grunwald / Physician
    • Dr. Jonathan S. Levy, MD / Pediatrician / Physician

    Property Details for 2380 Main St

    Year built
    2000
    Lot size
    0.49 lot acres
    Property size
    4,042 SF
    Zone code
    GC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1-0969238
    APU
    10969238

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $840,000
      Current use
      MEDICAL BUILDING
      $1,020,000
      Change: +22% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $730,000
      Change: -13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.9
    Latitude
    42.3254
    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
    $7,234
    $258,490
    $226,590
    $485,080
    -
    $304,860
    $267,200
    $572,060

    Comparable in this City

    • Value Estimation
      $2,020,000
      10,000 SF

      2323 Main St

      SHOPPING CENTER, STRIP CENTER • 10,000 SF
      2323 Main St, Medford, OR 97501-2161
      View Details
    • Value Estimation
      $1,800,000
      9,257 SF

      1363 Ctr Dr

      SHOPPING CENTER, STRIP CENTER • 9,257 SF
      1363 Ctr Dr, Medford, OR 97501-7938
      View Details
    • Value Estimation
      $2,675,000
      30,350 SF

      1233 Ct St

      SHOPPING CENTER, STRIP CENTER • 30,350 SF
      1233 Ct St, Medford, OR 97501-1603
      View Details
    • Value Estimation by Request
      1,308 SF

      817 Central Ave

      SHOPPING CENTER, STRIP CENTER • 1,308 SF
      817 Central Ave, Medford, OR 97501-5874
      View Details
    • Value Estimation by Request
      1,308 SF

      815 Central Ave

      SHOPPING CENTER, STRIP CENTER • 1,308 SF
      815 Central Ave, Medford, OR 97501-5873
      View Details
    • Value Estimation
      $2,530,000
      30,434 SF

      1237 Riverside Ave

      SHOPPING CENTER, STRIP CENTER • 30,434 SF
      1237 Riverside Ave, Medford, OR 97501-4669
      View Details

    Similar Nearby for Sale

    • $399,000
      1,482 SF

      Medford Commercial Building For Sale

      Standalone commercial building near downtown Medford, turnkey with equipment.
      147 N Holly St, Medford, OR 97501
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    • $1,503,400
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      Versatile Commercial Building in Medford

      51,300 SF building with office, warehouse, and retail space.
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    • $1,395,000
      11,284 SF

      Downtown Medford Retail/Office Space

      Retail/office space with high ceiling storage in downtown Medford.
      765 S Riverside Ave, Medford, OR 97501
      View Details
    • $800,000
      0.12 Acres

      Medford Commercial Opportunity For Sale

      High-visibility commercial property in Medford, ready for build-out.
      1258 S Riverside Ave, Medford, OR 97501
      View Details
    • $379,000
      1,944 SF

      Downtown Medford Commercial Corner Location

      Prime commercial building with high visibility and flexible floor plan.
      36 S Riverside Ave, Medford, OR 97501
      View Details
    • $515,000
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      Medford Commercial Property For Sale

      Commercial property with development potential in Medford, Oregon.
      916 King St, Medford, OR 97501
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    Similar Nearby for Lease

    • Contact for pricing
      3,503 SF

      Retail Space Near Rogue Valley

      Premier retail destination near Rogue Valley Mall.
      165 Rossanley Dr, Medford, OR 97501
      View Details
    • Contact for pricing
      2,985 SF

      Retail Space Near Rogue Valley

      Premier retail destination near Rogue Valley Mall.
      55 Rossanley Dr, Medford, OR 97501
      View Details
    • Contact for pricing
      4,290 SF

      Retail Space in Medford Center

      Retail space with recent renovations and high visibility.
      1233 Court St, Medford, OR 97501
      View Details
    • $20 SF/Yr
      39,356 SF

      Medford Retail Center: Prime Space Available

      High-traffic retail space in Medford, Oregon.
      1229 Court St, Medford, OR 97501
      View Details
    • Contact for pricing
      1 SF

      Macy's Pad, Medford Retail Space

      Prime Medford Retail Outparcel Pad
      1800 Riverside Ave, Medford, OR 97501
      View Details
    • $2,750 /Mo
      2,243 SF

      Medford Retail Space Sublease

      Retail space sublease available in Medford, Oregon.
      522 S Central Ave, Medford, OR 97501
      View Details
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    2380 Main St
    Medford, OR 97501-2390
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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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