Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    296 Main St Ashland, OR 97520-1831

    • Commercial real estate
    • 1,895 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0905110
    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

    • Cosmic Muffin School Of Cookery / Vocational School / Training Center

    Property Details for 296 Main St

    Lot size
    0.04 lot acres
    Property size
    1,895 SF
    Property type
    Commercial real estate
    APN
    1-0790331
    APU
    10790331

    Description

    This thriving Ashland, Oregon business, Cosmic Muffin School of Cookery, is offered for sale at $140,000. Located at 296 E Main St, 97520, this single-story, 1,895 square foot building (APN 10790031) boasts a modern, open floor plan ideal for culinary endeavors. Built in 1914 and renovated 3 years ago, the property features a large loft area offering potential for expansion or shared use. Currently operating as a recreational cooking school, the space is fully permitted by the City of Ashland and offers versatility. The business model is adaptable

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.712
    Latitude
    42.1952
    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
    $3,359
    $0.00
    $211,090
    $211,090
    -
    $0.00
    $333,070
    $333,070

    Comparable in this City

    • Value Estimation by Request
      435 SF

      21 Main St

      COMMERCIAL (GENERAL) • 435 SF
      21 Main St, Ashland, OR 97520-2789
      View Details
    • Value Estimation by Request
      340 SF

      Main St

      COMMERCIAL (GENERAL) • 340 SF
      Main St, Ashland, OR 97520
      View Details
    • Value Estimation by Request
      753 SF

      859 Mtn Mdws Dr

      COMMERCIAL CONDOMINUIM • 753 SF
      859 Mtn Mdws Dr, Ashland, OR 97520-9107
      View Details
    • Value Estimation by Request
      495 SF

      857 Mtn Mdws Dr

      COMMERCIAL CONDOMINUIM • 495 SF
      857 Mtn Mdws Dr, Ashland, OR 97520-9107
      View Details
    • Value Estimation
      $1,460,000
      504 SF

      426 A St

      COMMERCIAL CONDOMINUIM • 504 SF
      426 A St, Ashland, OR 97520-2448
      View Details
    • Value Estimation
      $1,000,000
      6,204 SF

      500 A St

      COMMERCIAL (GENERAL) • 6,204 SF
      500 A St, Ashland, OR 97520-2019
      View Details

    Similar Nearby for Sale

    • $2,750,000
      20,860 SF

      Ashland Hwy 66 Storage Facility

      Prime Ashland location, high-yield storage complex.
      2995 Highway 66, Ashland, OR 97520
      View Details
    • $1,500,000
      4,950 SF

      545 A St, Ashland, OR 97520

      Commercial real estate • 4,950 SF
      545 A St, Ashland, OR 97520
      View Details
    • $785,000
      2,863 SF

      Ashland Main Street Commercial Building

      Prime location, 2,863 sq ft, 13 parking spaces
      410 Main St, Ashland, OR 97520
      View Details
    • $95,000
      0.28 Acres

      Ashland Land with Expansive Views

      Generous lot in a desirable neighborhood with mature trees.
      319 West St, Ashland, OR 97520
      View Details
    • $760,000
      3,850 SF

      Downtown Ashland Commercial Building For Sale

      Versatile commercial building in downtown Ashland near Oregon Shakespeare Festival.
      116 Lithia Way, Ashland, OR 97520
      View Details
    • $225,000
      10.30 Acres

      Ashland Buildable Lots with Views

      Two buildable lots with stunning views and investment potential.
      492 Conifer Way, Ashland, OR 97520
      View Details

    Similar Nearby for Lease

    • $695 /Mo
      435 SF

      Ashland Office Space For Rent

      Boutique professional office space near Ashland Plaza.
      83 Central Ave, Ashland, OR 97520
      View Details
    • $1.00 SF/Yr
      14,232 SF

      Ashland Industrial Facility For Rent

      USDA-certified industrial facility suitable for various manufacturing and distribution uses.
      710 Jefferson Ave, Ashland, OR 97520
      View Details
    • $2.00 SF/Yr
      4,123 SF

      Ashland Commercial Space For Rent

      4,123 sq ft commercial space suitable for medical or restaurant.
      1400 Ashland St, Ashland, OR 97520
      View Details
    • $1.00 SF/Yr
      8,125 SF

      Ashland Industrial Space For Rent

      8,125 SF versatile industrial space in Ashland, Oregon.
      694 Tolman Creek Rd, Ashland, OR 97520
      View Details
    • New
      $4,995 /Mo
      2,673 SF

      Retail Space in Ashland Plaza

      Retail space in Ashland Plaza near Lithia Park.
      25 N Main St, Ashland, OR 97520
      View Details
    • $2.00 SF/Yr
      2,000 SF

      Ashland Commercial Space For Rent

      2,000 sq ft commercial space suitable for various businesses.
      1400 Ashland 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.
    296 Main St
    Ashland, OR 97520-1831
    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.
    Sign Up Successful!
    You now have access to more from Realmo!