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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Bars & Pubs
812 Central Ave, Medford, OR 97501-7820
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0206703
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Total area
3,264 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C-G
APN
1-0375548
UPID
US71-0206703
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
-
Cardtronics ATM Atm
-
Trophy Club Bar & Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$660k
Owner & transaction history
Richard Summers · 5 yrs held
Richard Summers
since 2021
Last sale
$675,000
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
Method
Estimation
Statistic approach
$660,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$880,000
Current use
MEDICAL BUILDING
$825,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $675k (Jun 7 2021)
Last sale anchor
$675k
Jun 7 2021
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
$202 / 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
$8,044
Tax year 2023
Assessed value
$539,360
Assessed 2023
Previous assessed
$523,660
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$306,280
Assessed improvement
$233,080
Land market value
$807,420
Improvement market value
$265,350
Total market value
$1,072,770
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Heating
NONE
Total area
3,264 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C-G
APN
1-0375548
UPID
US71-0206703
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$880,000
MEDICAL BUILDING
Est. value
$825,000
RESTAURANT Current
MEDICAL BUILDING
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
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Richard Summers
Individual
Mailing address
2677 BEALL LN, CENTRAL POINT, OR 97502-1462
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2021
$675,000
Richard Summers
Howies INC
Warranty Deed
$905,000 · Howies INC
Oct 31, 2017
—
Howies INC
—
Deed
related
$335,675 · Umpqua Bank
Oct 31, 2014
$500,000
Howies INC
Perkins,gerald K & Kathleen
Grant Deed
$450,000 · Jerry & Kay Perkins
Dec 6, 2001
$168,980
Herbert E Harper
Knox Trust
Grant Deed
—
Mar 31, 1994
$211,000
Knox,edna J Trustee Fbo
Knox,edna J Trustee Fbo
Grant Deed
related
—
Mar 4, 1994
—
Knox,edna J Trustee Fbo
Knox,edna J
Grant Deed
related
—
Sep 10, 1984
—
Knox,edna J
Knox,robert L & Edna
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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