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Property profile & analytics

6022 Crater Lk Ave Medford, OR 97502-9414

  • Warehouses
  • 7,200 SF
  • 0.38 lot acres
OFF-MARKET
Last Sale
Jul 12, 2022
Value Estimations
$530,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0919509
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.

Current Use by Public Records

  • Rogue Aquatics / (Bike/Boat/Book/etc) Store

Property Details for 6022 Crater Lk Ave

Year built
2005
Lot size
0.38 lot acres
Property size
7,200 SF
Zone code
GC
Property type
Warehouses
APN
1-0904476
APU
10904476

Description

This exceptional opportunity presents the chance to acquire both a thriving, established business and a unique, purpose-built commercial property in Central Point, Oregon. Located at 6022 Crater Lake Ave, this 9,600 square foot facility, built in 2005, sits on a 0.38-acre lot and boasts a remarkable 90,000-gallon, heated, indoor saline pool. The two-story building features a ground floor encompassing a retail store with ample shelving and display space, efficient locker rooms, showers, waiting areas, gear storage, and a hydrostatic testing and refilling station with direct access to tank storage. The upper level includes a large event space, classroom, storage room, and a private owner's suite with a full kitchen and laundry facilities. The property is zoned GC and offers diverse revenue streams including swim lessons (infant to adult), retail sales and repairs, parties and events, hydrostatic testing, tank refilling, and guided scuba trips (domestic and international). The pool's design, ranging from 4-6 feet shallow to a dramatic 12-foot drop-off, caters to a wide range of aquatic activities, from swimming lessons to scuba training. This turnkey operation is priced at $1,350,000 ($140.62/sq ft) and represents a rare opportunity to own a profitable business and a one-of-a-kind property in a growing market serving a population exceeding 250,000. The clear-span steel frame building is well-maintained and includes a new, noise-reducing air compressor housed separately. This is an exceptional investment opportunity in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $643,000
    Market price range: $472k - $1.02M
    AI Estimate
    $412,000
    Market price range: $190k - $699k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $675,000
    Current use
    INDUSTRIAL (GENERAL)
    $700,000
    Change: +4% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Medford
County
Jackson
State
Oregon
Longitude
-122.855
Latitude
42.4036
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
$5,942
$82,780
$383,710
$466,490
-
$90,270
$442,090
$532,360
More about this property
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