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Property profile & analytics
OFF-MARKET
Retail space
550 Central Ave Medford, OR 97501-7246
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1507916
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
1,500 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C-G
APN
1-0371935
UPID
US71-1507916
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
-
Chaparritos Antojitos Restaurant
-
The Corner Spot Nightclub DJ & Entertainment
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
Pedro Mota · 4 yrs held
Pedro Mota
since 2022
Last sale
$260,000
7 recorded transactions
Zoning & alternative use
C-G · Medford, OR
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
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
$3,541
Tax year 2023
Assessed value
$237,420
Assessed 2023
Previous assessed
$230,510
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$174,690
Assessed improvement
$62,730
Land market value
$382,010
Improvement market value
$60,510
Total market value
$442,520
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Total area
1,500 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C-G
APN
1-0371935
UPID
US71-1507916
Jurisdiction
JACKSON
Zoning & alternative use
C-G · Medford, ORZoning C-G · permitted uses
C-G · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
PLANNING DEPARTMENT
Building & site characteristics
From public records
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Pedro Mota
Individual
Free & Clear · 4 yrs held
Mailing address
3163 FRST HLS DR APT A, MEDFORD, OR 97504-5812
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$260,000
Pedro Mota
James Benton Braden
Warranty Deed
—
May 24, 2022
—
James Benton Braden
Casey M Gillum
Release/satis. Of Agrem. Of Sale (fee Property)
related
—
May 15, 2019
$290,000
Braden J Benton
Gillum,casey M & Kathryn E
Grant Deed
—
Apr 12, 2019
—
Casey M Gillum
Gillum,casey M & Kathryn E
Quit Claim Deed
related
—
Dec 22, 2016
$425,000
Casey M Gillum
Naumes INC
Warranty Deed
$175,000 · Private Individual
Aug 31, 2010
$9,165,000
Naumes INC
Duke Family LLC
Grant Deed
$15,275,000 · Duke Family LLC
Jul 30, 2010
—
Naumes INC
Naumes Properties LLC
Quit Claim Deed
—
Jan 8, 1987
—
Growers Refrigerating Co
Growers Refrigerating Co
Grant Deed
related
—
Dec 30, 1986
$750,000
Growers Refrigerating Co
Medford Pear Canners INC
Grant Deed
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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