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Property profile & analytics
OFF-MARKET
Estimated value
$3,945,000
Hotels
600 Airport Rd Medford, OR 97504-4215
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1009177
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2005
Total area
56,962 SF
Lot
2.71 ac (118,048 SF)
Zoning code
C-R
APN
1-0978631
UPID
US71-1009177
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
-
The Bistro – Eat. Drink. Connect.® Restaurant
-
Courtyard Medford Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.50M
Comparable Approach
Comparable
$5.45M
Blend (final)
Blend
$3.95M
Owner & transaction history
Tropria LLC · 6 yrs held
Tropria LLC
since 2020
2 recorded transactions
Zoning & alternative use
C-R · Medford, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,955,000
6.5%
$5,495,000
7%
$5,100,000
Blend value · Realmo final
$3.95M
Range $3.55M – $4.34M · ±10%
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
$69 / 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
$117,969
Tax year 2023
Assessed value
$7,909,920
Assessed 2023
Previous assessed
$7,679,540
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,176,730
Assessed improvement
$6,733,190
Land market value
$2,217,400
Improvement market value
$11,342,770
Total market value
$13,560,170
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2005
Heating
NONE
Total area
56,962 SF
Lot
2.71 ac (118,048 SF)
Zoning code
C-R
APN
1-0978631
UPID
US71-1009177
Jurisdiction
JACKSON
Zoning & alternative use
C-R · Medford, OR
Zoning C-R · permitted uses
C-R · 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.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
2.71 ac
Current owner
From public records · entity-resolved
Tropria LLC
Entity
Mailing address
840 BELTLINE RD STE #202, SPRINGFIELD, OR 97477-1192
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
May 7, 2020
—
Tropria LLC
—
Deed Of Trust
related
$61,158 · Rogue Cu
Jan 31, 2017
—
Tropria LLC
—
Deed
related
$7,100,000 · Rogue FCU
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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