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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Distribution centers
542 Parsons Dr, Medford, OR 97501-3775
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0952482
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Total area
8,575 SF
Lot
0.55 ac (23,958 SF)
Zoning code
I-G
APN
1-0803398
UPID
US71-0952482
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
-
Faster Minis Auto Parts Store Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$919k
Blend (final)
Blend
$935k
Owner & transaction history
Jacob M Oberia · 4 yrs held
Jacob M Oberia
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
I-G · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+126.6%
Auto repair, garage
$1.4M
+103.4%
Retail stores
$1.4M
+100.0%
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
$905,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$950,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$680,000
Current use
COMMERCIAL (GENERAL)
$1,545,000
Change: +127% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,385,000
Change: +103% · Conversion: Easy
RETAIL STORES
$1,365,000
Change: +100% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$835,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.25M (Apr 20 2022)
Last sale anchor
$1.25M
Apr 20 2022
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
$109 / 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
$9,153
Tax year 2023
Assessed value
$613,720
Assessed 2023
Previous assessed
$595,850
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$153,920
Assessed improvement
$459,800
Land market value
$221,720
Improvement market value
$662,340
Total market value
$884,060
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
2003
Heating
NONE
Total area
8,575 SF
Lot
0.55 ac (23,958 SF)
Zoning code
I-G
APN
1-0803398
UPID
US71-0952482
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
$680,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$835,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2003
Heating
NONE
Lot
0.55 ac
Current owner
From public records · entity-resolved
Jacob M Oberia
Individual
Mailing address
622 RAVEN RD, CENTRAL POINT, OR 97502-3445
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 20, 2022
$1,250,000
Jacob M Oberia
Roland Buck
Warranty Deed
$937,500 · Washington Federal Bank
Jun 18, 2018
—
Buck Family Trust
—
Deed
related
$330,000 · Peoples Bk/commerce
May 22, 2018
—
Buck Family Trust
—
Deed
related
—
May 25, 2006
—
Buck Family Trust
Buck,roland W & Joan E
Quit Claim Deed
related
—
Apr 18, 2002
$220,000
Ronald G Decker
Vanzaanen,dirk B & Ellen
Grant Deed
$448,000 · Peoples Bank Of Commerce
Dec 18, 2001
—
Roland W Buck
—
Trustees Deed
related
$100,000 · Peoples Bank Of Commerce
—
—
Buck Family Trust
—
Deed Of Trust
related
$412,000 · Umpqua Bank
—
—
Roland W Buck
—
Deed Of Trust
related
$72,000 · Peoples Bank Of Commerce
—
—
Roland W Buck
—
Deed Of Trust
related
$40,000 · Peoples Bank Of Commerce
—
—
Roland W Buck
—
Deed Of Trust
related
$50,000 · Peoples Bank Of Commerce
—
—
Buck Family Trust
—
Deed Of Trust
related
$330,000 · Peoples Bk/commerce
—
—
Buck Family Trust
—
Loan Modification
related
—
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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