Property profile

603 Riverside Ave Medford, OR 97501

OFF-MARKET
Drive through restaurants
Property ID
US71-1831209
1,922 SF 0.15 ac lot
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a commercial site located on high-traffic South Riverside Avenue in Medford, Oregon, between Earhart and Twelfth Streets, with frontage on the corridor. The lot area is approximately 0.15 acres. It is zoned C-G (General Commercial), which allows for a broad range of commercial uses, including restaurant, retail, office, or mixed-use development. The interior layout includes two dining areas and is configured with a professional-grade kitchen, featuring a walk-in cooler, stainless steel sinks, and an overhead hood with a fire suppression system; the dining spaces are designed to receive abundant natural light.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 1,922 SF
Lot 0.15 ac (6,534 SF)
Zoning code C-G
APN 1-0377921
UPID US71-1831209

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store

Location

603 Riverside Ave Medford, OR 97501-7835
Medford metro Census 100 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
7 recorded transactions
2022
Price N/A
2019
$149,900
2018
$95,000
2018
$174,149
2018
$174,149
2007
Price N/A
2005
$260,000

Zoning & alternative use

C-G · Medford, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 603 Riverside Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message