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Financial
Distress signals
Property profile

602 Crater Lake Ave Medford, OR 97504

FOR SALE
Strip malls
Property ID
US71-0721310
2,940 SF 0.2 ac lot
Last sale Apr 2006
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Shamrock Square is a neighborhood retail center consisting of three single-level buildings totaling approximately 13,700 square feet on 1.19 acres across three tax lots. The center is arranged with tenant spaces configured for multiple retail occupancies and is currently occupied by 12 tenants, with a tenancy pattern described as largely long term and established. The leasing configuration includes gross tenant leases that, as described, run through 2027. The property is located at the corner…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$314k
Assessed land$93k
Assessed improvement$221k
Effective rate1.49%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$296k
Vacancy & credit loss−$25k
Operating expenses−$81k
NOI · 7.89% cap applied$189k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$86 – $441

Cap rate analysis

How does the asset earn?
7.89%
$189k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-C
The C-C district provides land for the development of commercial facilities servicing the shopping needs of the community and is typicall...
General categoryCOMMERCIAL
JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.3
Butcher8.4
Laundry Service8.3

Location

602 Crater Lake Ave Medford, OR 97504
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1200 Biddle, Medford, OR 97504-5295 $6,300,000 Jun 2023 21,660 SF
1723 Mcandrews, Medford, OR 97504-5508 $3,235,000 Mar 2022 1,660 SF
1741 Mcandrews, Medford, OR 97504-5508 $5,566,538 Apr 2021 3,960 SF
1300 Biddle, Medford, OR 97504-5224 $2,750,000 Oct 2019 30,830 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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