602 Riverside Ave Medford, OR 97501-4640
Property profile & analytics
602 Riverside Ave Medford, OR 97501-4640
- Mobile home & RV parks
- 29 SF
- 2.86 lot acres
Property ID
US71-0596381
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.
Location Intelligence
Current Use by Public Records
- C T Auto Repair & Express Lube / Auto Repair Shop
- Steeves Custom Maintenance Services / Construction Company
Property Details for 602 Riverside Ave
- Lot size
- 2.86 lot acres
- Property size
- 29 SF
- Zone code
- C-C
- Property type
- Mobile home & RV parks
- APN
- 1-0725601
- APU
- 10725601
Description
This exceptional 3.15-acre commercial property, located at 602 N Riverside Ave in Medford, Oregon (zip code 97501), presents a unique investment opportunity. Currently operating as a fully occupied 31-unit mobile home park, this land is zoned C-C, offering significant potential for redevelopment. The property boasts a prime location just off Jackson Avenue, a major thoroughfare, and benefits from Interstate 5 frontage. The Bear Creek Greenway provides a scenic buffer, enhancing the desirability of the site for future residents. This offering represents a substantial price reduction, significantly below appraised value, making it an attractive proposition for developers seeking a high-return multifamily project. The two tax lots comprising this parcel provide flexibility for development plans. The existing mobile home park generates current income while offering the potential for a lucrative multifamily development, capitalizing on the strong demand in the Medford area. This is a rare chance to acquire a large, well-located parcel with immediate income and significant upside potential. Coordinates: 42.3329597, -122.8722202.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $935,000
- ML approach
- $865,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.872
- Latitude
- 42.3333
- 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
$9,150
$155,330
$458,210
$613,540
-
$1,838,370
$20
$1,838,390
