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Property profile & analytics
OFF-MARKET
Warehouses
402 Clark St Medford, OR 97501-2323
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0520077
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
5,600 SF
Lot
1.14 ac (49,658 SF)
Zoning code
I-L
APN
1-0389162
UPID
US71-0520077
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
-
Clark Street Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clark Street Storage LLC · 10 yrs held
Clark Street Storage LLC
since 2016
7 recorded transactions
Zoning & alternative use
I-L · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-L district provides land for warehouse, office, and low intensity industrial uses in areas near residential and commercial zones. It is intended for industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare, or fire and explosive hazards
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
2,019.51 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,739
Tax year 2023
Assessed value
$585,980
Assessed 2023
Previous assessed
$568,920
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$208,100
Assessed improvement
$377,880
Land market value
$245,420
Improvement market value
$445,610
Total market value
$691,030
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Units
166
Total area
5,600 SF
Lot
1.14 ac (49,658 SF)
Zoning code
I-L
APN
1-0389162
UPID
US71-0520077
Jurisdiction
JACKSON
Zoning & alternative use
I-L · Medford, ORZoning I-L · permitted uses
I-L · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-L district provides land for warehouse, office, and low intensity industrial uses in areas near residential and commercial zones. It is intended for industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare, or fire and explosive hazards
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
2,019.51 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Units
166
Lot
1.14 ac
Current owner
From public records · entity-resolved
Clark Street Storage LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1323 NEIL CRK RD, ASHLAND, OR 97520-9778
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2016
—
Clark Street Storage LLC
Allen,ricky J & Virginia E
Warranty Deed
related
—
Dec 19, 2014
—
Ricky J Allen
Robert L Minton
Warranty Deed
$250,000 · Umpqua Bank
Oct 21, 2014
—
Minton,erma L 1995 Trust
Carroll,erma L
Quit Claim Deed
related
—
Oct 15, 2014
—
Erma L Carroll
Minton R L & S L 1992 Trust
Grant Deed
related
—
Oct 31, 1983
$220,000
Carroll,erma L
—
Grant Deed
related
—
Dec 30, 1982
$173,350
Jackson County Federal
—
Grant Deed
related
—
Apr 16, 1982
—
Lake,harry L
—
Deed Of Trust
related
—
May 7, 1981
—
Harris,j Robert
—
Deed Of Trust
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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