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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Distribution centers
4856 Airway Dr, Medford, OR 97502-3673
Entity Owned
8-yr Hold
Free & Clear
Property ID
US71-1897225
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Total area
8,200 SF
Lot
0.5 ac (21,780 SF)
Zoning code
I-G
APN
1-0949131
UPID
US71-1897225
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
-
Battlecreek Construction Construction Company
-
Multinet Information Systems Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$650k
Owner & transaction history
4856 Airway Drive LLC · 8 yrs held
4856 Airway Drive LLC
since 2017
7 recorded transactions
Zoning & alternative use
I-G · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$800,000
+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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$765,000
Current use
INDUSTRIAL (GENERAL)
$800,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$79 / 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
$8,958
Tax year 2023
Assessed value
$600,630
Assessed 2023
Previous assessed
$583,140
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$133,750
Assessed improvement
$466,880
Land market value
$157,720
Improvement market value
$550,580
Total market value
$708,300
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
8,200 SF
Lot
0.5 ac (21,780 SF)
Zoning code
I-G
APN
1-0949131
UPID
US71-1897225
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
$765,000
INDUSTRIAL (GENERAL)
Est. value
$800,000
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
Year built
2007
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
4856 Airway Drive LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 4520, MEDFORD, OR 97501-0307
Ownership since
2017
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
Nov 9, 2017
—
4856 Airway Drive LLC
Comstock,paul & Judy A
Grant Deed
—
Jun 26, 2017
$600,000
Paul Comstock
Quintero Mario R Trust
Warranty Deed
—
Mar 13, 2012
—
Quintero,mario R Trust
Quintero,mario
Quit Claim Deed
related
—
Dec 16, 2011
—
Mario Quintero
Quintero Family Trust
Quit Claim Deed
related
—
Jul 28, 2009
—
Quintero Family Trust B
Quintero Family Trust
Quit Claim Deed
related
—
Aug 16, 2006
$819,000
Quintero,isaac Family Trust
Airway Industrial LLC
Warranty Deed
—
Jan 10, 2006
—
Airway Industrial Park LLC
—
Trustees Deed
related
$402,050 · Liberty Bank
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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