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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Warehouses
4 3rd St, Medford, OR 97501-2602
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0502188
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
13,672 SF
Lot
1.47 ac (64,033 SF)
Zoning code
C-G
APN
1-0392998
UPID
US71-0502188
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.53M
Owner & transaction history
Medford Or Bust LLC · 4 yrs held
Medford Or Bust LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
C-G · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+126.6%
Auto repair, garage
$2.2M
+103.4%
Retail stores
$2.2M
+100.0%
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
$1,510,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
$1,765,000
6.5%
$1,630,000
7%
$1,515,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,085,000
Current use
COMMERCIAL (GENERAL)
$2,465,000
Change: +127% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,210,000
Change: +103% · Conversion: Easy
RETAIL STORES
$2,175,000
Change: +100% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,330,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.55M (Jul 9 2021)
Last sale anchor
$1.55M
Jul 9 2021
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
$112 / 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
$16,120
Tax year 2023
Assessed value
$1,080,850
Assessed 2023
Previous assessed
$943,710
+14.5% YoY
Effective rate
1.49%
On assessed value
Assessed land
$293,650
Assessed improvement
$787,200
Land market value
$454,260
Improvement market value
$1,217,180
Total market value
$1,671,440
Applied tax rate
4,950.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Buildings
2
Total area
13,672 SF
Lot
1.47 ac (64,033 SF)
Zoning code
C-G
APN
1-0392998
UPID
US71-0502188
Jurisdiction
JACKSON
Zoning & alternative use
C-G · Medford, OR
Zoning C-G · permitted uses
C-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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
Buildings
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Medford Or Bust LLC
Entity
Mailing address
7420 SW HUNZIKER RD STE A, PORTLAND, OR 97223-8242
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
$1,550,000
Medford Or Bust LLC
Southern Oregon Goodwill Industires
Warranty Deed
$1,100,000 · Southern Goodwill Industries
May 30, 2019
—
Southern Oregon Goodwill Indus
—
Deed
related
$141,317 · Us Bk
Apr 19, 1988
—
Medford Partnership The
Stern,helen
Grant Deed
related
—
Sep 4, 1987
—
Stern,helen
Stern,helen
Grant Deed
related
—
Nov 26, 1985
$360,000
Stern,helen
Medford Lumber Co
Grant Deed
related
—
—
—
Southern Oregon Goodwill Indus
—
Loan Modification
related
$141,317 · Us Bk
—
—
Southern Oregon Goodwill Indus
—
Loan Modification
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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