Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2510 Ashland St Ashland, OR 97520-1412

    • Turn key restaurants
    • 2,423 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0932685
    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

    • Oak Tree Northwest Bar & Grill / Bar & Pub / Restaurant

    Property Details for 2510 Ashland St

    Lot size
    0.68 lot acres
    Property size
    2,423 SF
    Zone code
    C-1
    Property type
    Turn key restaurants
    APN
    1-0545611
    APU
    10545611

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $553,000
      Market price range: $225k - $555k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $600,000
      Current use
      COMMERCIAL (GENERAL)
      $695,000
      Change: +16% Conversion: Easy
      MEDICAL BUILDING
      $570,000
      Change: -5% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $560,000
      Change: -6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.663
    Latitude
    42.1853
    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
    $11,707
    $394,560
    $358,260
    $752,820
    -
    $586,070
    $310,440
    $896,510

    Comparable in this City

    • Value Estimation by Request
      2,280 SF

      1415 Siskiyou Blvd

      RESTAURANT • 2,280 SF
      1415 Siskiyou Blvd, Ashland, OR 97520-2334
      View Details
    • Value Estimation
      $605,000
      4,440 SF

      2365 Ashland St

      RESTAURANT • 4,440 SF
      2365 Ashland St, Ashland, OR 97520-1407
      View Details
    • Value Estimation by Request
      1,318 SF

      744 Main St

      RESTAURANT • 1,318 SF
      744 Main St, Ashland, OR 97520-1712
      View Details
    • Value Estimation by Request
      3,770 SF

      265 4th St

      RESTAURANT • 3,770 SF
      265 4th St, Ashland, OR 97520-2043
      View Details
    • Value Estimation by Request
      3,539 SF

      1633 Hwy 99th N

      RESTAURANT • 3,539 SF
      1633 Hwy 99th N, Ashland, OR 97520-9168
      View Details
    • Value Estimation by Request
      2,132 SF

      96 Main St

      RESTAURANT • 2,132 SF
      96 Main St, Ashland, OR 97520-2790
      View Details

    Similar Nearby for Sale

    • $300,000

      Iconic Ashland Restaurant Opportunity

      Established restaurant with loyal following and prime downtown location.
      84 N Main St, Ashland, OR 97520
      View Details
    • $1,200,000
      3,539 SF

      Established Restaurant on Highway 99

      Turnkey Mexican restaurant with real estate in thriving Ashland location.
      1633 Highway 99 N, Ashland, OR 97520
      View Details
    • $2,450,000
      Pending

      Ashland Industrial Facility For Sale

      USDA-certified industrial facility in Ashland Business Park, ideal for scaling.
      710 Jefferson Ave, Ashland, OR 97520
      View Details
    • $2,490,000
      10,088 SF

      Ashland Investment Opportunity

      Fully Leased, High-Traffic Location
      180 Lithia Way, Ashland, OR 97520
      View Details
    • $1,050,000
      1,483 SF

      Ashland Commercial Investment Opportunity

      Commercial investment property near SOU college with five updated units.
      993 Siskiyou Blvd, Ashland, OR 97520
      View Details
    • $1,300,000
      0.13 Acres

      Ashland Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential units in Ashland's Railroad District.
      545 A St, Ashland, OR 97520
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr

      Ashland Retail or Medical Space

      2,000 sq ft space suitable for retail or medical practice.
      1400 Ashland St, Ashland, OR 97520
      View Details
    • $2.00 SF/Yr

      Ashland Retail/Medical Space Available

      Versatile 4,123 sq ft space suitable for retail or medical use.
      1400 Ashland St, Ashland, OR 97520
      View Details
    • $28 SF/Yr
      8,760 SF

      Ashland Retail Center: Prime Location

      8,760 SF Retail Space, Ample Parking
      2305 Ashland St, Ashland, OR 97520
      View Details
    • $2 SF/Yr

      Ashland Retail/Medical Space Available

      2,000 sq ft space suitable for retail or medical practice.
      1400 Ashland St, Ashland, OR 97520
      View Details
    • $19 SF/Yr
      6,168 SF

      Prime Flex Space: Ashland, OR

      6,168 SF Flex Space - Ideal for Lease
      465 Applegate Way, Ashland, OR 97520
      View Details
    • New
      $4,995 /Mo
      36,155 SF

      Ashland Retail Space For Rent

      Retail space in Ashland Plaza Mall, ideal for boutique.
      25 N Main St, Ashland, OR 97520
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2510 Ashland St
    Ashland, OR 97520-1412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.