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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office Spaces
816 8th St Medford, OR 97501-2906
Individually Owned
27-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1001201
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
4,024 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-S/P
APN
1-0409225
UPID
US71-1001201
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$595k
Owner & transaction history
Reginakd Breeze · 27 yrs held
Reginakd Breeze
since 1998
7 recorded transactions
Zoning & alternative use
C-S/P · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-S/P district provides land for professional offices, hospitals, and limited service commercial uses. This district is intended to be customer-oriented, however, retail uses are limited
Zone name
Commercial Service And Professional Office
General category
CIVIC_INSTITUTIONAL
Zone area
612.59 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$835,000
+15.2%
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
COMMERCIAL (GENERAL)
$725,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$835,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$650,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$640,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$148 / 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
Land market value
$239,420
Improvement market value
$287,580
Total market value
$527,000
Applied tax rate
4,950.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Total area
4,024 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-S/P
APN
1-0409225
UPID
US71-1001201
Jurisdiction
JACKSON
Zoning & alternative use
C-S/P · Medford, ORZoning C-S/P · permitted uses
C-S/P · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-S/P district provides land for professional offices, hospitals, and limited service commercial uses. This district is intended to be customer-oriented, however, retail uses are limited
Zone name
Commercial Service And Professional Office
General category
CIVIC_INSTITUTIONAL
Zone area
612.59 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$650,000
RETAIL STORES
Est. value
$640,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
0.24 ac
Current owner
From public records · entity-resolved
Reginakd Breeze
Individual
Free & Clear · 27 yrs held
Mailing address
100 E MAIN ST STE A, MEDFORD, OR 97501-6041
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 1998
$85,000
Reginakd Breeze
Byrne Trust
Grant Deed
—
Jan 2, 1992
—
Everett P Evenson
Evenson,everett P
Grant Deed
related
—
Mar 1, 1990
—
Everett P Evenson
Evenson,everett P
Grant Deed
related
—
Jun 13, 1984
$44,849
Evenson,everett P
Evenson,everett P
Grant Deed
related
—
May 14, 1984
$125,000
Evenson,everett P
Dwyer,robert F JR
Grant Deed
related
—
Apr 28, 1983
$45,000
Dwyer,robert F JR
—
Grant Deed
related
—
Apr 26, 1983
$45,000
Dwyer,robert F JR
—
Grant Deed
related
—
Mar 19, 1982
$1,000
Dwyer,robert F JR
—
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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