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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Commercial real estate
3735 Crater Lk Hwy, Medford, OR 97504-9473
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0419233
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
14,300 SF
Lot
2 ac (87,120 SF)
Zoning code
I-G
APN
1-0507403
UPID
US71-0419233
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
-
Medford Power Sports Inc. Auto Parts Store (Bike/Boat/Book/etc) Store
-
Honda Service Auto Repair Shop
-
Kawasaki & Honda of Medford Motorcycle Shop
-
Honda Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$2.40M
Owner & transaction history
Rocky Mountain Group LLC · 2 yrs held
Rocky Mountain Group LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
I-G · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+58.5%
Medical building
$3.6M
+48.3%
Neighborhood: shopping center
$3.0M
+21.9%
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
$2,400,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
$2,465,000
6.5%
$2,275,000
7%
$2,115,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,435,000
Current use
RESTAURANT
$3,860,000
Change: +59% · Conversion: Difficult
MEDICAL BUILDING
$3,610,000
Change: +48% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,970,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,315,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$2,275,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.40M (Feb 27 2024)
Last sale anchor
$2.40M
Feb 27 2024
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
$168 / 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
$21,426
Tax year 2023
Assessed value
$1,436,640
Assessed 2023
Previous assessed
$1,436,640
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$308,000
Assessed improvement
$1,128,640
Land market value
$842,400
Improvement market value
$1,091,160
Total market value
$1,933,560
Applied tax rate
4,901.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
14,300 SF
Lot
2 ac (87,120 SF)
Zoning code
I-G
APN
1-0507403
UPID
US71-0419233
Jurisdiction
JACKSON
Zoning & alternative use
I-G · Medford, OR
Zoning I-G · permitted uses
I-G · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
Heating
NONE
Lot
2 ac
Current owner
From public records · entity-resolved
Rocky Mountain Group LLC
Entity
Mailing address
1104 N 79TH AVE, YAKIMA, WA 98908-1003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 27, 2024
$2,400,000
Rocky Mountain Group LLC
Khm LLC
Warranty Deed
$1,920,000 · Kiim LLC
Jun 10, 2016
—
Khm LLC
—
Deed
related
$575,000 · Peoples Bk/commerce
Dec 30, 1991
$170,000
Richard K Schefers
Walters,ronnie L
Grant Deed
related
—
Sep 4, 1991
—
Ronnie L Walters
Howlett Golda J Family Trst
Grant Deed
related
—
Dec 26, 1990
—
Howlett Golda J Family Trst
Howlett,golda J
Grant Deed
related
—
Oct 20, 1982
—
Howlett,golda J
—
Deed Of Trust
related
—
—
—
Khm LLC
—
Deed Of Trust
related
$1,215,230 · Key Bank & Trust
—
—
Khm LLC
—
Deed Of Trust
related
$575,000 · Peoples Bk/commerce
—
—
Richard K Schefers
—
Deed Of Trust
related
$626,250 · Key Bank Of Oregon
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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