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Property profile & analytics

924 Central Ave Medford, OR 97501-7800

  • Office Properties & Spaces
  • 4,900 SF
  • 0.34 lot acres
OFF-MARKET
Value Estimations
$535,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0451036
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • La Mota - Medford Central / Cannabis Store

Property Details for 924 Central Ave

Lot size
0.34 lot acres
Property size
4,900 SF
Zone code
C-C
Property type
Office Properties & Spaces
APN
1-0375465
APU
10375465

Description

This exceptional 0.34-acre commercial/industrial lot, located at 924 S Central Ave in Medford, Oregon (APN 10375465), presents a unique redevelopment opportunity. Zoned C-R, this property boasts a substantial 50x100 foot concrete slab, a remnant of a previously existing five-plex structure that was lost to fire. The existing infrastructure significantly reduces the initial costs associated with new construction. The property offers ample parking with 13 spaces. Situated in a high-traffic area of Medford, this location provides excellent visibility and accessibility for a variety of commercial ventures. The versatile zoning allows for diverse development options, including multi-family housing, retail spaces, or other commercial uses. This is a rare chance to acquire a well-positioned lot in a thriving commercial zone, ready for your vision. The property's location within Jackson County, Oregon, and its proximity to key transportation routes, further enhances its investment potential. This is a blank canvas for a savvy investor or developer seeking to capitalize on the strong Medford market. The asking price is $699,000.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $679,000
    Market price range: $396k - $1.27M
    AI Estimate
    $433,000
    Market price range: $241k - $902k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $885,000
    Current use
    AUTO REPAIR, GARAGE
    $795,000
    Change: -10% Conversion: Difficult
    RETAIL STORES
    $780,000
    Change: -12% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Medford
County
Jackson
State
Oregon
Longitude
-122.865
Latitude
42.3178
CBSA code
32780
CBSA name
MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,903
$397,860
$0.00
$397,860
-
$397,860
$0.00
$397,860
More about this property
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