510 Crater Lk Ave Medford, OR 97504
This exceptional 5,200 square foot, two-story office building is available for purchase at $674,000 ($129.62/SF). Located at 510 Crater Lake Avenue in Medford, Oregon (97504), this Class B property boasts a convenient location with prominent frontage on a major arterial road, providing excellent signage opportunities. Built in 1979 with various renovations throughout its history, the building sits on a 0.34-acre lot and is currently vacant, presenting a unique opportunity for an owner-user or investor. The property features a flexible design and construction, allowing for diverse uses. Zoned C-C Community Commercial, this versatile space is suitable for a wide range of professional and retail businesses. Ample off-street parking is available for tenants and clients. The building's APN is 1-033039-8. This is a rare opportunity to acquire a well-situated commercial property in a thriving Medford market. The building's flexible zoning and prominent location make it an ideal investment for those seeking a strong return on investment. The property is ready for immediate occupancy and customization to suit the needs of the new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-C · Medford, ORMedford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.