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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    60 Stewart Ave Medford, OR 97501-7969

    • Hotels
    • 32,955 SF
    • 1.28 lot acres
    OFF-MARKET
    Last Sale
    Jan 17, 2020
    $5,796,330
    Value Estimations
    $6,215,000
    Show details
    Cap Rate Potential
    3.2%
    Hotels
    Location Intelligence
    Property ID
    US71-0504286
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Comfort Inn Medford South / Hotel & Motel

    Property Details for 60 Stewart Ave

    Lot size
    1.28 lot acres
    Property size
    32,955 SF
    Zone code
    C-S/P
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1-0484540
    APU
    10484540

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,545,000
      ML approach
      $6,715,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $8,895,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.859
    Latitude
    42.3126
    CBSA code
    32780
    CBSA name
    MEDFORD, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $56,162
    $1,091,980
    $2,673,720
    $3,765,700
    -
    $2,337,380
    $1,702,520
    $4,039,900

    Comparable in this City

    • Value Estimation
      $615,000
      7,382 SF

      816 Riverside Ave

      HOTEL/MOTEL • 7,382 SF
      816 Riverside Ave, Medford, OR 97501-4611
      View Details
    • Value Estimation
      $2,150,000
      32,472 SF

      1501 Pacific Hwy

      HOTEL/MOTEL • 32,472 SF
      1501 Pacific Hwy, Medford, OR 97501-7900
      View Details
    • Value Estimation
      $805,000
      13,930 SF

      525 Riverside Ave

      HOTEL/MOTEL • 13,930 SF
      525 Riverside Ave, Medford, OR 97501-7247
      View Details
    • Value Estimation by Request
      7,263 SF

      619 Riverside Ave

      HOTEL/MOTEL • 7,263 SF
      619 Riverside Ave, Medford, OR 97501
      View Details
    • Value Estimation
      $640,000
      11,750 SF

      509 Riverside Ave

      HOTEL/MOTEL • 11,750 SF
      509 Riverside Ave, Medford, OR 97501-4604
      View Details
    • Value Estimation
      $3,590,000
      53,886 SF

      1375 Ctr Dr

      HOTEL/MOTEL • 53,886 SF
      1375 Ctr Dr, Medford, OR 97501-7938
      View Details

    Similar Nearby for Sale

    • $3,080,000
      41,071 SF

      Medford Industrial Cold Storage Facility

      Vacant 41,071 SF Cold Storage Warehouse
      663 Grape St, Medford, OR 97501
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    • $927,558
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      Prime Medford Commercial Land

      0.8-acre lot, ideal commercial development
      208 Ross Ln, Medford, OR 97501
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    • $850,000

      Medford Residential Development Land

      Prime location, high-density potential, existing structures.
      2554 Stewart Ave, Medford, OR 97501
      View Details
    • $285,000

      Established Medford Restaurant & Food Truck

      Profitable Empanada Business, Turnkey Operation
      137 Central Ave, Medford, OR 97501
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    • $675,000
      3,565 SF

      Medford 5-Plex Investment Opportunity

      Updated 5-plex near downtown Medford with multiple income streams.
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    • $675,000
      3,062 SF

      Medford Multifamily Investment Opportunity

      Five-unit property near downtown Medford with development potential.
      243 N Holly St, Medford, OR 97501
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    Similar Nearby for Lease

    • $1.15 SF/Yr
      Pending

      Downtown Medford Office Space Available

      Office space near upcoming Hawthorne Park development, downtown revitalization plan.
      145 N Bartlett St, Medford, OR 97501
      View Details
    • $1.45 SF/Yr
      24,829 SF

      Medford Office Building For Rent

      First-class office building near courthouse, divisible into three suites.
      502 W Main St, Medford, OR 97501
      View Details
    • Contact for pricing
      1 SF

      Macy's Pad, Medford Retail Space

      Prime Medford Retail Outparcel Pad
      1800 Riverside Ave, Medford, OR 97501
      View Details
    • $7 SF/Yr
      20,000 SF

      Downtown Medford Office Complex

      Prime location, multiple suites available
      34 Fir St, Medford, OR 97501
      View Details
    • $22 SF/Yr
      30,964 SF

      Medford Office Building - For Sale/Lease

      Modern, Class A office space; 30,964 sq ft.
      1 Main St, Medford, OR 97501
      View Details
    • Contact for pricing
      2,985 SF

      Retail Space Near Rogue Valley

      Premier retail destination near Rogue Valley Mall.
      55 Rossanley Dr, Medford, OR 97501
      View Details
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    60 Stewart Ave
    Medford, OR 97501-7969
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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