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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Hotels
816 Riverside Ave, Medford, OR 97501-4611
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0277434
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Total area
7,382 SF
Lot
0.1 ac (4,356 SF)
Zoning code
C-C
APN
1-0328582
UPID
US71-0277434
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
-
Cascade Inn Motel Hotel & Motel
-
Dutch Bros Coffee Cafe & Coffee Shop
-
Spine Industries LLC Consultant
-
ISeeMedford Marketing & Advertising
-
Ming cade Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$710k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Joseph Investment LLC · 8 yrs held
Joseph Investment LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-C · 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%
$770,000
6.5%
$710,000
7%
$660,000
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$83 / 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
$1,265
Tax year 2023
Assessed value
$84,810
Assessed 2023
Previous assessed
$82,340
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$50,370
Assessed improvement
$34,440
Land market value
$105,580
Improvement market value
$13,210
Total market value
$118,790
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Total area
7,382 SF
Lot
0.1 ac (4,356 SF)
Zoning code
C-C
APN
1-0328582
UPID
US71-0277434
Jurisdiction
JACKSON
Zoning & alternative use
C-C · Medford, OR
Zoning C-C · permitted uses
C-C · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Joseph Investment LLC
Entity
Mailing address
1020 SHAKE DR, CENTRAL POINT, OR 97502-8626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2017
$600,000
Joseph Investment LLC
Patel,jagubhai V & Chanchalben V
Warranty Deed
$600,000 · Jagubhai V Patel
Nov 7, 2016
—
Jagubhai V Patel
Patel,chanchalben J
Quit Claim Deed
related
—
Feb 3, 1997
—
Olympic Coast Inv INC Fbo
Olympic Coast Inv INC Fbo
Grant Deed
related
—
Oct 19, 1995
—
Olympic Coast Inv INC Fbo
Olympic Coast Invest INC
Grant Deed
related
—
Oct 13, 1995
—
Olympic Coast Invest INC
Olympic Coast Invest INC
Grant Deed
related
—
Oct 9, 1995
—
Olympic Coast Invest INC
Olympic Coast Invest INC
Grant Deed
related
—
Oct 6, 1995
$220,790
Olympic Coast Invest INC
Patel,somabhai H & Manju S
Grant Deed
related
—
Jul 8, 1994
$200,000
Somabhai H Patel
Lithia Properties Ltd
Grant Deed
related
—
Dec 15, 1989
$375,000
Lithia Properties Ltd
Lithia Properties Ltd
Grant Deed
related
—
Nov 21, 1989
$200,000
Lithia Properties Ltd
Lithia Properties Ltd
Grant Deed
related
—
Dec 21, 1983
$260,000
Lithia Properties Ltd
—
Grant Deed
related
—
Jan 26, 1981
—
Hampton,marie B
—
Deed Of Trust
related
—
—
—
Jagubhal V Patel
—
Deed Of Trust
related
$315,000 · Western Fsb
—
—
Jagubhai V Patel
—
Deed Of Trust
related
$430,000 · Bank Of The Cascades
—
—
Jagughai V Patel
—
Deed Of Trust
related
$282,200 · Peoples Bk/commerce
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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