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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Distribution centers
4779 Airway Dr, Medford, OR 97502-3672
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0746524
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Total area
9,800 SF
Lot
0.45 ac (19,602 SF)
Zoning code
I-G
APN
1-0949239
UPID
US71-0746524
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
-
TNT CHEER / Cheer Zone Cheer Gym Gym & Fitness Center
-
TNT X Gym & Fitness Center
-
Girodat Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$945k
Owner & transaction history
West Cascade Properties LLC · 13 yrs held
West Cascade Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
I-G · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+69.9%
Commercial (general)
$1.4M
+55.2%
Industrial (general)
$955,000
+4.1%
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%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$915,000
Current use
RETAIL STORES
$1,560,000
Change: +70% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,425,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$955,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$96 / 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
$10,950
Tax year 2023
Assessed value
$734,180
Assessed 2023
Previous assessed
$712,800
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$120,360
Assessed improvement
$613,820
Land market value
$141,930
Improvement market value
$723,850
Total market value
$865,780
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Heating
NONE
Total area
9,800 SF
Lot
0.45 ac (19,602 SF)
Zoning code
I-G
APN
1-0949239
UPID
US71-0746524
Jurisdiction
JACKSON
Zoning & alternative use
I-G · Medford, OR
Zoning I-G · permitted uses
I-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
$915,000
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$955,000
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
Year built
2007
Heating
NONE
Lot
0.45 ac
Current owner
From public records · entity-resolved
West Cascade Properties LLC
Entity
Mailing address
1072 CASTLEWOOD DR, MEDFORD, OR 97504-3677
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Dec 13, 2012
$406,900
West Cascade Properties LLC
Bayview Ln Svcg LLC
Warranty Deed
$250,000 · Bank Of America
Feb 8, 2012
$230,100
Bayview Ln Svcg LLC
Lsi Title Co Of Oregon LLC
Trustees Deed
related
—
Mar 21, 2007
—
Carl Artner
—
Trustees Deed
related
$295,000 · Rsm Trust (tr)
Sep 27, 2006
—
Artner Trust
Artner,carl
Quit Claim Deed
related
—
Jun 30, 2006
$309,800
Carl Artner
Richardson,ted T & Susan C
Warranty Deed
—
May 27, 2005
$250,100
Ted T Richardson
Suiter,mala
Warranty Deed
—
Nov 7, 2003
$79,000
Mala Suiter
Airway Industrial LLC
Grant Deed
—
—
—
Artner Trust
—
Deed Of Trust
related
$650,000 · Lehman Brothers Bank Fsb
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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