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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Medical Office Space
3162 State St Medford, OR 97504-8450
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US71-0310624
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
6,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
MFR-20
APN
1-0979142
UPID
US71-0310624
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
-
Oral and Maxillofacial Surgery Center of Oregon Dental Office
-
Matthew E. Myers, D.M.D. Dental Office
-
Bryan Clevenger Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$775k
Owner & transaction history
State Street Place LLC · 16 yrs held
State Street Place LLC
since 2010
5 recorded transactions
Zoning & alternative use
MFR-20 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$114 / 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
$12,377
Tax year 2023
Assessed value
$829,010
Assessed 2023
Previous assessed
$804,870
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$124,300
Assessed improvement
$704,710
Land market value
$391,910
Improvement market value
$1,692,270
Total market value
$2,084,180
Applied tax rate
407.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Total area
6,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
MFR-20
APN
1-0979142
UPID
US71-0310624
Jurisdiction
JACKSON
Zoning & alternative use
MFR-20 · Medford, OR
Zoning MFR-20 · permitted uses
MFR-20 · 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.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
State Street Place LLC
Entity
Mailing address
PO BOX 4129, MEDFORD, OR 97501-0152
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2010
—
State Street Place LLC
Radical Investments LLC
Grant Deed
$499,000 · Peoples Bank Of Commerce
Oct 7, 2009
—
Bruce S Logan
Logan,melanie L
Quit Claim Deed
related
—
Oct 7, 2009
$1,050,000
Radical Investments LLC
Wachovia Sba Lending INC
Warranty Deed
$249,000 · Evergreen Federal Bank
Feb 20, 2009
$1,372,200
Wachovia Sba Lending INC
Sheriff Of Jackson County
Trustees Deed
related
—
Dec 23, 2005
$1,137,472
Southern Oregon Oral Maxillofacial
South Valley Office Park LLC
Warranty Deed
$1,780,500 · Wachovia Sba Lending INC
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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