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    Property profile & analytics
    OFF-MARKET Estimated value $530,000
    Warehouses

    6022 Crater Lk Ave, Medford, OR 97502-9414

    7,200 SF 0.38 ac lot Built 2005
    Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-0919509
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2005
    Total area 7,200 SF
    Lot 0.38 ac (16,553 SF)
    Zoning code GC
    APN 1-0904476
    UPID US71-0919509
    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
    • Rogue Aquatics (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $643k
    Blend (final) Blend
    $530k
    Owner & transaction history
    Theodore J Zuk · 3 yrs held
    Theodore J Zuk
    since 2022
    7 recorded transactions
    2022
    2004
    $75,500
    1999
    $44,900
    1999
    $44,900
    1969
    1969
    1969
    Zoning & alternative use
    GC · Medford, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $700,000 +4.1%
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