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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Distribution centers
621 Brian Way, Medford, OR 97501-6633
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0282527
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1990
Total area
21,720 SF
Lot
1.29 ac (56,192 SF)
Zoning code
I-H
APN
1-0739887
UPID
US71-0282527
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
-
Keller Supply Company Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.25M
Owner & transaction history
Keller Medford Leisure LLC · 11 yrs held
Keller Medford Leisure LLC
since 2015
7 recorded transactions
Zoning & alternative use
I-H · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,725,000
Current use
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
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
$14,454
Tax year 2023
Assessed value
$969,190
Assessed 2023
Previous assessed
$940,970
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$194,290
Assessed improvement
$774,900
Land market value
$476,340
Improvement market value
$1,359,870
Total market value
$1,836,210
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1990
Heating
NONE
Total area
21,720 SF
Lot
1.29 ac (56,192 SF)
Zoning code
I-H
APN
1-0739887
UPID
US71-0282527
Jurisdiction
JACKSON
Zoning & alternative use
I-H · Medford, OR
Zoning I-H · permitted uses
I-H · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
1.29 ac
Current owner
From public records · entity-resolved
Keller Medford Leisure LLC
Entity
Mailing address
3209 17TH AVE W, SEATTLE, WA 98119-1708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2015
$1,150,000
Keller Medford Leisure LLC
621 Brian Way LLC
Warranty Deed
$772,500 · Wells Fargo Bank NA
Feb 23, 2010
—
F Joseph Pedrojetti
Pedrojetti INC
Quit Claim Deed
related
—
Feb 23, 2010
$700,000
621 Brian Way LLC
Pedrojetti,f Jospeh & Francisca
Warranty Deed
$525,000 · Premierwest Bank
Nov 20, 2008
—
F Joseph Pedrojetti
—
Deed Of Trust
related
$1,850,000 · Fairway America LLC
Jan 27, 1995
$500,000
Pedrojetti F J
Fjarli,merlin & Jo A
Grant Deed
$350,000 · Western Bank
Apr 26, 1991
—
Merlin Fjarli
Fjarli,merlin
Grant Deed
related
—
Apr 10, 1991
$450,000
Merlin Fjarli
Brewer,anna G
Grant Deed
related
—
—
—
621 Brian Way LLC
—
Deed Of Trust
related
$150,000 · Premierwest Bank
—
—
Pedrojetti F J
—
Deed Of Trust
related
$379,532 · Premierwest Bank
—
—
F Joseph Pedrojetti
—
Deed Of Trust
related
$568,000 · Premierwest Bank
—
—
Pedrojetti F J
—
Deed Of Trust
related
$263,185 · Premierwest Bank
—
—
Pedrojetti F J
—
Deed Of Trust
related
$150,000 · Western Fsb
—
—
Pedrojetti F J
—
Deed Of Trust
related
$150,000 · Premierwest Bank
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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