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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Office Spaces
909 Royal Ct Medford, OR 97504-6129
Entity Owned
36-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0997134
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
11,652 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C-S/P
APN
1-0646988
UPID
US71-0997134
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
-
Foster Care Government
-
Oregon Children's Division State Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$1.89M
Owner & transaction history
Kapuni Development Corp Ltd · 36 yrs held
Kapuni Development Corp Ltd
since 1990
5 recorded transactions
Zoning & alternative use
C-S/P · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+48.3%
Neighborhood: shopping center
$2.4M
+21.9%
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%
$2,010,000
6.5%
$1,855,000
7%
$1,725,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,985,000
Current use
MEDICAL BUILDING
$2,940,000
Change: +48% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,420,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,885,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$1,855,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$162 / 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
$25,127
Tax year 2023
Assessed value
$1,684,820
Assessed 2023
Previous assessed
$1,635,750
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$352,560
Assessed improvement
$1,332,260
Land market value
$619,380
Improvement market value
$1,395,400
Total market value
$2,014,780
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Total area
11,652 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C-S/P
APN
1-0646988
UPID
US71-0997134
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
0.88 ac
Current owner
From public records · entity-resolved
Kapuni Development Corp Ltd
Entity
Free & Clear · 36 yrs held
Mailing address
4241 KAIKOO PL, HONOLULU, HI 96816-4823
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1990
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 1990
$910,000
Kapuni Development Corp Ltd
Commerce Plaza INC
Grant Deed
related
—
Jan 27, 1988
—
Commerce Plaza INC
Huycke,patrick G
Grant Deed
related
—
May 11, 1987
—
Huycke,patrick G
Huycke,patrick G
Grant Deed
related
—
Nov 8, 1984
$100,000
Huycke,patrick G
Hansen,howard R
Grant Deed
related
—
Feb 10, 1981
$134,000
Hansen,howard R
—
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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