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Property profile & analytics
OFF-MARKET
Drive through restaurants
603 Riverside Ave, Medford, OR 97501-7835
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1831209
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Duck Walk Coffee Cafe & Coffee Shop
-
Southern Oregon Cannabis Connection - Medford (Bike/Boat/Book/etc) Store
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
Lie K Tan · 7 yrs held
Lie K Tan
since 2019
7 recorded transactions
Zoning & alternative use
C-G · 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
$4,950
Tax year 2023
Assessed value
$322,160
Assessed 2023
Previous assessed
$312,780
+3.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$105,460
Assessed improvement
$216,700
Land market value
$175,520
Improvement market value
$212,040
Total market value
$387,560
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Heating
NONE
Total area
1,922 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C-G
APN
1-0377921
UPID
US71-1831209
Jurisdiction
JACKSON
Zoning & alternative use
C-G · Medford, OR
Zoning C-G · permitted uses
C-G · 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
0.15 ac
Current owner
From public records · entity-resolved
Lie K Tan
Individual
Mailing address
139 SW VICKI LN, GRANTS PASS, OR 97526-6023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2022
—
Khoen Tan Lie
—
Deed
related
$225,000 · James K Johnson
May 7, 2019
$149,900
Lie K Tan
Pacific America
Warranty Deed
$119,900 · Pacific America
Dec 11, 2018
$95,000
Pacific America LLC
Teitelbaum Albert Trust
Warranty Deed
$100,000 · Dnn Xanadoug LLC
Dec 6, 2018
$174,149
Teitelbaum,beverly A Trust
Sheriff Of Jackson County|santillan,guadalupe & Al
Trustees Deed
related
—
Aug 17, 2018
$174,149
Teitelbaum,albert Trust
Sheriff Of Jackson County|santillan,guadalupe & Al
Trustees Deed
—
Jan 8, 2007
—
Alma A Flores
Santillan,guadalupe & Alma A
Grant Deed
—
Mar 3, 2005
$260,000
Guadalupe Santillan
Teitelbaum Albert Trust
Warranty Deed
$200,000 · Teitelbaum Albert Trust (tr)
Jul 24, 1998
—
Teitelbaum Family LLC
Teitelbaum Trust
Quit Claim Deed
related
$100,000 · Western Fsb
Dec 28, 1995
—
Teitelbaum,albert Trustee
Teitelbaum,albert & Beverly A
Grant Deed
related
—
Feb 25, 1992
—
Albert Teitelbaum
Teitelbaum Family Trusts
Grant Deed
related
—
Mar 11, 1986
$125,000
Teitelbaum Family Trusts
Hamilton,gladys
Grant Deed
related
—
Mar 5, 1982
$193,750
Hamilton,gladys
—
Grant Deed
related
—
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.
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