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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Warehouses
4640 Grumman Dr, Medford, OR 97504-9764
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1861044
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
10,570 SF
Lot
1.47 ac (64,033 SF)
Zoning code
I-H
APN
1-0726703
UPID
US71-1861044
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
-
Three Rivers Vending Big Box & Wholesale Store
-
Hard Rock Tops Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$753k
Blend (final)
Blend
$885k
Owner & transaction history
Cearley Ents INC · 10 yrs held
Cearley Ents INC
since 2016
7 recorded transactions
Zoning & alternative use
I-H · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.0M
+10.3%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$935,000
Current use
INDUSTRIAL (GENERAL)
$1,030,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$84 / 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
$14,493
Tax year 2023
Assessed value
$883,950
Assessed 2023
Previous assessed
$858,210
+3.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$191,330
Assessed improvement
$692,620
Land market value
$796,520
Improvement market value
$522,370
Total market value
$1,318,890
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
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Total area
10,570 SF
Lot
1.47 ac (64,033 SF)
Zoning code
I-H
APN
1-0726703
UPID
US71-1861044
Jurisdiction
JACKSON
Zoning & alternative use
I-H · Medford, OR
Zoning I-H · permitted uses
I-H · 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
$935,000
INDUSTRIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE Current
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
Lot
1.47 ac
Current owner
From public records · entity-resolved
Cearley Ents INC
Entity
Free & Clear · 10 yrs held
Mailing address
30 N RIVERSIDE AVE, MEDFORD, OR 97501-6023
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2016
—
Cearley Ents INC
Davis,wesley J JR
Grant Deed
—
Jul 31, 2013
$185,000
Wesley J Davis JR.
Cearley Ents INC
Warranty Deed
$185,000 · David K & Debra Schmelzer
Mar 1, 2004
$490,000
Cearley Enterprises INC
Southern Oregon Enterprises In
Grant Deed
—
Mar 8, 1994
$400,000
Southern Oregon Vending INC
Marcy,dallas V & Dorothy R
Grant Deed
related
—
May 28, 1985
$290,000
Marcy,dallas V & Dorothy R
King-davis INC
Grant Deed
related
—
—
—
Dallas V Marcy
—
Deed Of Trust
related
$228,000 · Bank Of Southern Oregon
—
—
Southern Oregon Vending INC
—
Deed Of Trust
related
$375,000 · Bank Of Southern 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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