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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Warehouses
468 Midway Rd Medford, OR 97501-1513
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0532628
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
1,080 SF
Lot
1.11 ac (48,352 SF)
Zoning code
SFR-6
APN
1-0486541
UPID
US71-0532628
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
-
A To Z Mini Storage Storage Facility
-
BUDGET MINI STORAGE NORTH MEDFORD Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Mckennel Subdivision LLC · 2 yrs held
Mckennel Subdivision LLC
since 2024
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
SFR-6 · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SFR-6 urban residential districts provide for standard and higher density single-family detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, and mobile home parks
Zone name
Single Family Residential 6 Dwelling Units Per Gross Acre
General category
RESIDENTIAL
Zone area
2,082.67 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
Method
Estimation
Statistic approach
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Feb 29 2024)
Last sale anchor
$850k
Feb 29 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
$787 / 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
$7,251
Tax year 2023
Assessed value
$486,180
Assessed 2023
Previous assessed
$486,180
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$107,140
Assessed improvement
$379,040
Land market value
$212,980
Improvement market value
$288,450
Total market value
$501,430
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
99
Total area
1,080 SF
Lot
1.11 ac (48,352 SF)
Zoning code
SFR-6
APN
1-0486541
UPID
US71-0532628
Jurisdiction
JACKSON
Zoning & alternative use
SFR-6 · Medford, ORZoning SFR-6 · permitted uses
SFR-6 · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SFR-6 urban residential districts provide for standard and higher density single-family detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, and mobile home parks
Zone name
Single Family Residential 6 Dwelling Units Per Gross Acre
General category
RESIDENTIAL
Zone area
2,082.67 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Units
99
Lot
1.11 ac
Current owner
From public records · entity-resolved
Mckennel Subdivision LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4303 TAMI LN, CENTRAL POINT, OR 97502-1040
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
$850,000
Mckennel Subdivision LLC
Oregon Pacific Bank
Bargain And Sale Deed
—
Apr 27, 2022
—
Pregon Pacific Bank
Bernard M Zieminski
Intrafamily Transfer
related
—
Jan 6, 2020
$500,000
Bernard M Zieminski
Sharon Roach
Warranty Deed
—
Jul 31, 1987
$275,000
Zieminski,bernard
Buck,lee & Nelma H
Grant Deed
related
—
Mar 13, 1987
—
Buck,lee & Nelma H
Buck,lee & Nelma H
Grant Deed
related
—
Feb 16, 1982
—
Buck,lee & Nelma H
—
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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