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Property profile & analytics
FOR SALE
Strip malls
602 Crater Lake Ave, Medford, OR 97504
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0721310
For Sale
1 / 21
$2,400,000
602 Crater Lake Ave, Medford, OR 97504
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
2,940 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-C
APN
1-0329854
UPID
US71-0721310
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
-
Cut & Polished Nail Salon
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
Atkinson,peggy Tr Etal · 20 yrs held
Atkinson,peggy Tr Etal
since 2006
5 recorded transactions
Zoning & alternative use
C-C · 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
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
$4,680
Tax year 2023
Assessed value
$313,820
Assessed 2023
Previous assessed
$304,680
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$92,590
Assessed improvement
$221,230
Land market value
$250,690
Improvement market value
$107,460
Total market value
$358,150
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Heating
NONE
Total area
2,940 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-C
APN
1-0329854
UPID
US71-0721310
Jurisdiction
JACKSON
Zoning & alternative use
C-C · Medford, OR
Zoning C-C · permitted uses
C-C · 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
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Atkinson,peggy Tr Etal
Individual
Free & Clear · 20 yrs held
Mailing address
3743 WESTOVER BLVD, CENTRAL POINT, OR 97502-1347
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2019
—
Shamrock Square LLC
—
Deed
related
$85,000 · Peoples Bk/commerce
Apr 27, 2006
—
Atkinson,peggy Tr Etal
Rehana Lee R
Grant Deed
related
—
Sep 10, 1990
—
Rehana,lee Roy Trustee
Rehana,lee Roy
Grant Deed
related
—
Dec 29, 1983
—
Rehana,lee Roy
—
Deed Of Trust
related
—
—
—
Shamrock Square LLC
—
Deed Of Trust
related
$85,000 · Peoples Bk/commerce
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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