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Property profile & analytics
OFF-MARKET
Estimated value
$2,475,000
Industrial properties
2661 Pacific Hwy, Medford, OR 97501-8761
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0036180
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1985
Total area
29,550 SF
Lot
1.23 ac (53,579 SF)
Zoning code
GC
APN
1-0619893
UPID
US71-0036180
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
-
Cracker Barrel Restaurant
-
C Ds Documentation Consultant
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.48M
Owner & transaction history
2661 South Pacific LLC · 3 yrs held
2661 South Pacific LLC
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
GC · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,355,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
$3,140,000
6.5%
$2,900,000
7%
$2,690,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,880,000
Current use
WAREHOUSE, STORAGE
$2,350,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.48M
Range $2.23M – $2.72M · ±10% · vs last sale $2.64M (Jan 12 2023)
Last sale anchor
$2.64M
Jan 12 2023
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
$84 / 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
$12,861
Tax year 2023
Assessed value
$1,060,410
Assessed 2023
Previous assessed
$1,029,530
+3.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$298,510
Assessed improvement
$761,900
Land market value
$453,400
Improvement market value
$1,091,727
Total market value
$1,545,127
Applied tax rate
405.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1985
Heating
NONE
Total area
29,550 SF
Lot
1.23 ac (53,579 SF)
Zoning code
GC
APN
1-0619893
UPID
US71-0036180
Jurisdiction
JACKSON
Zoning & alternative use
GC · Medford, OR
Zoning GC · permitted uses
GC · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.9M
WAREHOUSE, STORAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
Year built
1985
Heating
NONE
Lot
1.23 ac
Current owner
From public records · entity-resolved
2661 South Pacific LLC
Entity
Mailing address
560 NW F STA, GRANTS PASS, OR 97526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
$2,641,000
2661 South Pacific LLC
Thomas Stewart Wimmer
Warranty Deed
$1,848,700 · Thomas Stewart Wmmer & Lauri Jean T
Sep 1, 2021
—
Thomas Stewart Wimmer
Tom Wimmer
Intrafamily Transfer
related
—
Aug 13, 2015
$1,139,750
Tom Wimmer
Sondeno Living Trust
Warranty Deed
—
Feb 17, 2010
—
Sondeno Living Trust
Sondeno,patricia M
Quit Claim Deed
related
—
Dec 31, 2007
—
Patricia M Sondeno
Sondeno,patricia M
Quit Claim Deed
—
Sep 29, 2004
$411,000
Sondeno Trust
Combs Trust
Grant Deed
$418,900 · Umpqua Bank
Feb 27, 2004
$1,400,000
Patricia M Sodeno Ira So 062
Tooker,john C
Grant Deed
—
Nov 19, 1999
$466,500
John C Tooker
Tooker,viola M
Grant Deed
related
$458,500 · Seller
Feb 7, 1991
—
Viola M Tooker
Tooker,john C
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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