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Property profile & analytics
OFF-MARKET
Estimated value
$7,435,000
Automotive properties
4606 Grumman Dr, Medford, OR 97504-9763
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0778847
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Total area
34,707 SF
Lot
3.21 ac (139,828 SF)
Zoning code
LI
APN
1-0987823
UPID
US71-0778847
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 Volkswagen Car Dealership
-
Lithia Volkswagen Car Dealership
-
Medford Volkswagen Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.26M
Blend (final)
Blend
$7.44M
Owner & transaction history
Spartan Medford V Real Estate LLC · 5 yrs held
Spartan Medford V Real Estate LLC
since 2021
Last sale
$7.5M
3 recorded transactions
Zoning & alternative use
LI · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.4M
+66.9%
Medical building
$8.8M
+56.1%
Neighborhood: shopping center
$7.2M
+28.4%
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
$7,315,000
ML approach
$7,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,615,000
Current use
RESTAURANT
$9,370,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$8,765,000
Change: +56% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,205,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,910,000
Change: +5% · Conversion: Moderate
RETAIL STORES
$5,520,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$7.44M
Range $6.69M – $8.18M · ±10% · vs last sale $7.50M (Jun 10 2021)
Last sale anchor
$7.50M
Jun 10 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
$214 / 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
$78,500
Tax year 2023
Assessed value
$5,263,490
Assessed 2023
Previous assessed
$5,110,190
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$907,620
Assessed improvement
$4,355,870
Land market value
$1,352,060
Improvement market value
$6,273,110
Total market value
$7,625,170
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2014
Heating
NONE
Total area
34,707 SF
Lot
3.21 ac (139,828 SF)
Zoning code
LI
APN
1-0987823
UPID
US71-0778847
Jurisdiction
JACKSON
Zoning & alternative use
LI · Medford, OR
Zoning LI · permitted uses
LI · 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
AUTO REPAIR, GARAGE Current
Est. value
$5.6M
RESTAURANT
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$5.9M
RETAIL STORES
Est. value
$5.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
Year built
2014
Heating
NONE
Lot
3.21 ac
Current owner
From public records · entity-resolved
Spartan Medford V Real Estate LLC
Entity
Mailing address
66 WATER ST #200, ASHLAND, OR 97520-1843
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2021
$7,500,000
Spartan Medford V Real Estate LLC
Dimar Properties LLC
Warranty Deed
$6,375,500 · Toyota Financial Savings Bank
Jun 2, 2016
—
Dimar Properties LLC
—
Deed
related
$5,536,000 · Us Bank NA
Dec 9, 2013
$4,146,912
Dimar Properties LLC
Lithia Real Estate INC
Warranty Deed
—
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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