Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    700 Biddle Rd Medford, OR 97504-6116
    Back to Search
    Property profile & analytics

    700 Biddle Rd, Medford, OR 97504-6116

    View on Map
    • Turn key restaurants
    • 5,061 SF
    • 1.03 lot acres
    Off-Market
    Last Sale Sep 1, 2021
    $1,140,000
    Property ID
    US71-1894679
    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.
    Value Estimations
    $1,140,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jackson Creek Pizza Co / Restaurant
    • Jackson Creek Pizza / Restaurant

    Property Details for 700 Biddle Rd

    Lot size
    1.03 lot acres
    Zone code
    C-C
    Property type
    Turn key restaurants
    APN
    1-0583261
    APU
    10583261

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 1, 2021 $1,140,000 Sundance LLC 224 Investments LLC Warranty Deed $970k · 224 Investments LLC
    May 23, 2017 — 224 Investments LLC — Deed · related $450k · Us Bank NA
    Apr 24, 2007 $1,000,000 224 Investments LLC Youngs Management Warranty Deed $700k · Bank Of America
    Jun 16, 1997 $975,000 Youngs Management Co Donald W & Steinke Trustee Grant Deed —
    Jun 4, 1992 — Steinke,donald W Trustee Steinke,donald W Grant Deed · related —
    Mar 29, 1984 $615,000 Steinke,donald W — Grant Deed · related —
    — — 224 Investments LLC — Deed Of Trust · related $255k · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,110,000
      ML approach
      $1,175,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,308,000
      Market price range: $739k - $2.47M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,365,000
      Current use
      MEDICAL BUILDING
      $1,280,000
      Change: -6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.87
    Latitude
    42.3364
    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
    $18,721
    $764,390
    $480,470
    $1,244,860
    -
    $764,390
    $480,470
    $1,244,860

    Comparable in this City

    • Value Estimation by Request

      499 Medford Ctr

      RESTAURANT
      499 Medford Ctr, Medford, OR 97504-6000
      View Details
    • Value Estimation
      $745,000
      8,300 SF

      2200 Crater Lk Hwy

      RESTAURANT
      2200 Crater Lk Hwy, Medford, OR 97504-4136
      View Details
    • Value Estimation by Request
      5,604 SF

      1150 Barnett Rd

      RESTAURANT
      1150 Barnett Rd, Medford, OR 97504-8221
      View Details
    • Value Estimation by Request
      2,576 SF

      1924 Biddle Rd

      RESTAURANT
      1924 Biddle Rd, Medford, OR 97504-5247
      View Details
    • Value Estimation by Request
      2,345 SF

      2550 Crater Lk Hwy

      RESTAURANT
      2550 Crater Lk Hwy, Medford, OR 97504-4167
      View Details
    • Value Estimation by Request
      0.04 Acres

      2200 Crater Lk Hwy

      RESTAURANT
      2200 Crater Lk Hwy, Medford, OR 97504-4136
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,300 SF

      Restaurant Opportunity on Biddle Road

      Restaurant property for sale on Biddle Road in Medford.
      2233 Biddle Rd, Medford, OR 97504
      View Details
    • Contact for pricing
      5,913 SF

      Single Tenant Net Leased Property

      Single tenant property with long-term lease and rent escalations.
      2000 Biddle Rd, Medford, OR 97504
      View Details
    • Contact for pricing
      2,520 SF

      Retail Building on Delta Waters

      Class A retail building with outstanding exposure in Medford, Oregon.
      1586 Delta Waters Rd, Medford, OR 97504
      View Details
    • $2,400,000
      13,683 SF

      Medford Retail Center For Sale

      Well-maintained retail center near major shopping area.
      602 Crater Lake Ave, Medford, OR 97504
      View Details
    • $85,000
      1,500 SF

      Wild Birds Unlimited Franchise Opportunity

      Turnkey retail franchise in Medford Center with trained staff.
      961 Medford Ctr, Medford, OR 97504
      View Details
    • Contact for pricing
      4,188 SF

      Freestanding VCA Animal Hospital Investment

      NNN leased VCA Animal Hospital in Medford, Oregon.
      902 E Jackson St, Medford, OR 97504
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medford Center Retail, Restaurant, Office Space

      Retail, restaurant, and office spaces available in Medford Center.
      631 Medford Ctr, Medford, OR 97504
      View Details
    • Contact for pricing
      1,307 SF

      Medford Retail and Restaurant Space

      Retail, restaurant, and office spaces available in Medford center.
      861 Medford Ctr, Medford, OR 97504
      View Details
    • Contact for pricing
      2,380 SF

      Medford Retail and Restaurant Space

      Retail, restaurant, and office spaces available in Medford center.
      639 Medford Ctr, Medford, OR 97504
      View Details
    • Contact for pricing

      Medford Retail Pad with Drive-Thru

      New 3,000 SF retail building with drive-thru option.
      E Barnett Rd, Medford, OR 97504
      View Details
    • Contact for pricing

      Retail Space in Poplar Square

      Retail space available in high-traffic Medford shopping center.
      2324 Poplar Dr, Medford, OR 97504
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Biddle Rd
    Medford, OR 97504-6116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    700 Biddle Rd, Medford, OR, 97504
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!