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Property profile & analytics
OFF-MARKET
Estimated value
$3,885,000
Investment properties
601 Fair Oaks Ave Ashland, OR 97520-9161
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0351128
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2021
Total area
21,436 SF
Lot
0.43 ac (18,731 SF)
Zoning code
NM
APN
1-0984609
UPID
US71-0351128
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.42M
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$3.89M
Owner & transaction history
Mb Apartments LLC · 5 yrs held
Mb Apartments LLC
since 2020
6 recorded transactions
Zoning & alternative use
NM · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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%
$3,700,000
6.5%
$3,415,000
7%
$3,170,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,165,000
Current use
RESTAURANT
$5,295,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$5,055,000
Change: -18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,960,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.89M
Range $3.50M – $4.27M · ±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
$181 / 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
$61,449
Tax year 2023
Assessed value
$3,861,700
Assessed 2023
Previous assessed
$3,749,230
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$259,130
Assessed improvement
$3,602,570
Land market value
$1,007,800
Improvement market value
$8,079,320
Total market value
$9,087,120
Applied tax rate
501.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2021
Heating
NONE
Buildings
2
Total area
21,436 SF
Lot
0.43 ac (18,731 SF)
Zoning code
NM
APN
1-0984609
UPID
US71-0351128
Jurisdiction
JACKSON
Zoning & alternative use
NM · Ashland, OR
Zoning NM · permitted uses
NM · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.2M
RESTAURANT
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2021
Heating
NONE
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Mb Apartments LLC
Entity
Mailing address
132 W MAIN ST STE #202, MEDFORD, OR 97501-2725
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
—
Mb Apartments LLC
—
Deed
related
$4,830,000 · Washington Fed'l Bk
Sep 3, 2020
—
Mb Apartments LLC
Ayala Properties LLC
Grant Deed
$4,830,000 · Washington Fed'l Bk
Apr 4, 2019
—
Ayala Properties LLC
—
Deed
related
$280,000 · Darrel R Jarvis
Nov 10, 2011
$62,500
Ayala Properties LLC
Umpqua Bk
Grant Deed
—
—
—
Ayala Properties LLC
—
Deed Of Trust
related
$280,000 · Darrel R Jarvis
—
—
Mb Apartments LLC
—
Deed Of Trust
related
$4,830,000 · Washington Fed'l 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.
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