800 Cardley Ave Medford, OR 97504
Property profile & analytics
800 Cardley Ave Medford, OR 97504
- Office properties & Spaces
- 13,257 SF
- 0.76 lot acres
Property ID
US71-0334226
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.
Location Intelligence
Current Use by Public Records
- Office properties & Spaces
Property Details for 800 Cardley Ave
- Lot size
- 0.76 lot acres
- Property size
- 13,257 SF
- Zone code
- C-C
- Property type
- Office properties & Spaces
- APN
- 1-0328070
- APU
- 10328070
Description
This exceptional single-tenant office building presents a compelling investment opportunity in Medford, Oregon. Located at 800 Cardley Ave, this 13,257 square foot Class B property boasts a 100% occupancy rate, secured by a net lease with the State of Oregon. Built in 1973, the single-story building sits on a 0.84-acre lot and is zoned C-C. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $191,763 in 2021, translating to a 7.00% cap rate and a price per square foot of $206.68. The asking price for the building is $2,740,000. An adjoining parking lot, also leased to the State of Oregon, is available for separate purchase at $342,000. This investment offers a stable, long-term income stream with a highly reputable tenant in a desirable location near Medford's financial center. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for investors seeking a low-risk, high-return investment. The property's APN is 10328070. This is a rare opportunity to acquire a fully leased, income-producing asset in a thriving Oregon market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,285,000
- 6.5%
- $2,110,000
- 7%
- $1,960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,965,000
- AI Estimate
- $1,418,000
Market price range: $1.64M - $3.03MMarket price range: $704k - $2.50M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,255,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,755,000 Change: +22% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,145,000 Change: -5% Conversion: Difficult
- RETAIL STORES
- $2,110,000 Change: -7% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.868
- Latitude
- 42.3378
- 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
$22,401
$178,840
$1,323,190
$1,502,030
-
$534,920
$1,058,900
$1,593,820
