Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Distribution centers
5361 Bierson Way Medford, OR 97502-3283
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US71-1827974
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Total area
5,419 SF
Lot
0.34 ac (14,810 SF)
Zoning code
AD-MU
APN
1-0886762
UPID
US71-1827974
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
-
Retail Profit Systems Atm
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$680k
Owner & transaction history
Reed Commercial Properties LLC
Reed Commercial Properties LLC
since 2025
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
AD-MU · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+121.9%
Auto repair, garage
$875,000
+72.9%
Retail stores
$860,000
+69.9%
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
$770,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$505,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +122% · Conversion: Moderate
AUTO REPAIR, GARAGE
$875,000
Change: +73% · Conversion: Easy
RETAIL STORES
$860,000
Change: +70% · Conversion: Moderate
COMMERCIAL (GENERAL)
$785,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$530,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Mar 31 2020)
Last sale anchor
$680k
Mar 31 2020
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
$125 / 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
$6,130
Tax year 2023
Assessed value
$414,850
Assessed 2023
Previous assessed
$402,770
+3.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$97,310
Assessed improvement
$317,540
Land market value
$90,060
Improvement market value
$636,210
Total market value
$726,270
Applied tax rate
635.0000
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
5,419 SF
Lot
0.34 ac (14,810 SF)
Zoning code
AD-MU
APN
1-0886762
UPID
US71-1827974
Jurisdiction
JACKSON
Zoning & alternative use
AD-MU · Medford, OR
Zoning AD-MU · permitted uses
AD-MU · 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
$505,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$875,000
RETAIL STORES
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$785,000
INDUSTRIAL (GENERAL)
Est. value
$530,000
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
0.34 ac
Current owner
From public records · entity-resolved
Reed Commercial Properties LLC
Entity
Mailing address
2904 AVE AVE S, SANTA FE, TX 77510-6010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2025
$800,000
Reed Commercial Properties LLC
Future Legacy Enterprises LLC
Warranty Deed
—
Mar 31, 2020
$680,000
Legacy Enterprises LLC
Thomas E Pepple
Warranty Deed
$483,000 · Evergreen Fsla
Apr 23, 2019
—
Thomas E Pepple
—
Deed
related
—
Feb 2, 2018
—
Thomas E Pepple
—
Deed
related
$600,000 · Banner Bk
Feb 22, 2017
—
Thomas E Pepple
—
Trustees Deed
related
$300,000 · Banner Bk
May 23, 2006
—
Thomas E Pepple
—
Trustees Deed
related
$394,000 · Premierwest Bank
Jun 17, 2005
$76,291
Thomas E Pepple
Bendickson,lloyd A
Warranty Deed
$50,000 · Lloyd A Bendickson
—
—
Pepple,thomas E & Kimberly A
—
Deed Of Trust
related
$328,900 · Peoples Bk/commerce
—
—
Thomas E Pepple
—
Loan Modification
related
—
—
—
Thomas E Pepple
—
Deed Of Trust
related
$300,000 · Peoples Bk/commerce
—
—
Thomas E Pepple
—
Deed Of Trust
related
$236,274 · Banner Bk
—
—
Thomas E Pepple
—
Loan Modification
related
$600,000 · Banner Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5361 Bierson Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
