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Property profile & analytics
OFF-MARKET
Medical Office Space
853 Spg St Medford, OR 97504-6111
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-1775174
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Total area
1,500 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-S/P
APN
1-0584331
UPID
US71-1775174
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
-
Medford ankle and foot specialists Justin T Johnson DPM Physician
-
Cornerstone Real Estate Group Real Estate Agency
-
PNW Wellness & Weight Loss Medical Clinic
-
Barefoot Gardens Lawn Care LLC Landscaping
-
Cornerstone Property Management Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Comerstone Property Management LLC · 3 yrs held
Comerstone Property Management LLC
since 2023
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
C-S/P · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,705
Tax year 2023
Assessed value
$382,540
Assessed 2023
Previous assessed
$371,400
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$210,790
Assessed improvement
$171,750
Land market value
$163,640
Improvement market value
$277,600
Total market value
$441,240
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Total area
1,500 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C-S/P
APN
1-0584331
UPID
US71-1775174
Jurisdiction
JACKSON
Zoning & alternative use
C-S/P · Medford, OR
Zoning 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
Medford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Comerstone Property Management LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
Comerstone Property Management LLC
Comerstone Property Holdings LLC
Lease
$202,000 · Evergreen Business Capital
Apr 6, 2023
$475,000
Cornerstone Property Holdings LLC
Gelasinger Properties LLC
Warranty Deed
$242,771 · Washington Federal Bank
Apr 4, 2008
—
Gelsinger Properties LLC
Gelsinger Properties LLC
Quit Claim Deed
—
Jan 23, 2008
$380,300
Gelsinger Properties LLC
Holbert,colleen
Warranty Deed
$305,100 · Premierwest Bank
Feb 20, 2007
$92,632
Colleen Holbert
Holbert,thomas R JR
Quit Claim Deed
related
—
Jan 12, 2007
—
Colleen Holbert
Holbert,thomas R
Quit Claim Deed
related
—
Mar 27, 1990
—
Melinda D Holbert
Kaufman,robert G & Marilyn M
Grant Deed
related
—
Jun 29, 1988
—
Robert G Kaufman
Kaufman,robert G & Marilyn M
Grant Deed
related
—
Mar 24, 1988
—
Robert G Kaufman
Kaufman,robert G & Marilyn M
Grant Deed
related
—
Apr 1, 1986
$132,500
Kaufman,robert G & Marilyn M
Breeze,reginald P & Annette
Grant Deed
related
—
—
—
Gelsinger Properties LLC
—
Deed Of Trust
related
$232,400 · Peoples Bank Of 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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