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Property profile & analytics
FOR SALE
Commercial land
510 Washington St, Ashland, OR 97520
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1741722
For Sale
1 / 5
$70,000
510 Washington St, Ashland, OR 97520
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Property summary
AI-generated overview
This exceptional 0.14-acre commercial lot is strategically located at 510 Washington St, Ashland, OR 97520, offering unparalleled visibility from Interstate 5 near the Washington Street exit. The property boasts flexible C-1 zoning, ideal for a diverse range of commercial ventures including retail, restaurants, offices, or other businesses. Its high-traffic location ensures significant exposure to a large customer base, while convenient freeway access simplifies transportation for both customers and deliveries. Ashland's thriving business environment and strong tourism industry present substantial growth potential for any development. This vacant lot represents a rare investment opportunity to establish a strong presence in a highly desirable location. Utilities are available
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.14 ac (6,098 SF)
Zoning code
C-1
APN
1-0968953
UPID
US71-1741722
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Martin S Jacobson · 20 yrs held
Martin S Jacobson
since 2006
2 recorded transactions
Zoning & alternative use
C-1 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,778
Tax year 2023
Assessed value
$121,830
Assessed 2023
Previous assessed
$116,030
+5.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$121,830
Land market value
$121,830
Total market value
$121,830
Applied tax rate
501.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.14 ac (6,098 SF)
Zoning code
C-1
APN
1-0968953
UPID
US71-1741722
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Ashland, OR
Zoning C-1 · permitted uses
C-1 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Martin S Jacobson
Individual
Free & Clear · 20 yrs held
Mailing address
1320 PROSPECT ST, ASHLAND, OR 97520-3348
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2006
$225,000
Martin S Jacobson
Kline,richard A & Dale A
Warranty Deed
—
Jul 1, 2004
$166,950
Richard A Kline
Washinton Plaza Dev LLC
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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