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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Retail space
Myers Ln Medford, OR 97501
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1463206
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
20,736 SF
Lot
2.03 ac (88,427 SF)
Zoning code
SFR-6
APN
1-0426608
UPID
US71-1463206
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
$2.20M
Blend (final)
Blend
$2.00M
Owner & transaction history
1340 Myers Lane LLC · 4 yrs held
1340 Myers Lane LLC
since 2021
3 recorded transactions
Zoning & alternative use
SFR-6 · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The SFR-6 urban residential districts provide for standard and higher density single-family detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, and mobile home parks
Zone name
Single Family Residential 6 Dwelling Units Per Gross Acre
General category
RESIDENTIAL
Zone area
2,082.67 ac
Source
Realmo
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
RETAIL STORES
$3,295,000
Current use
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±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
$96 / 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
$6,275
Tax year 2023
Assessed value
$420,720
Assessed 2023
Previous assessed
$408,470
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$112,930
Assessed improvement
$307,790
Land market value
$344,460
Improvement market value
$389,680
Total market value
$734,140
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Total area
20,736 SF
Lot
2.03 ac (88,427 SF)
Zoning code
SFR-6
APN
1-0426608
UPID
US71-1463206
Jurisdiction
JACKSON
Zoning & alternative use
SFR-6 · Medford, ORZoning SFR-6 · permitted uses
SFR-6 · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The SFR-6 urban residential districts provide for standard and higher density single-family detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, and mobile home parks
Zone name
Single Family Residential 6 Dwelling Units Per Gross Acre
General category
RESIDENTIAL
Zone area
2,082.67 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.3M
RETAIL STORES Current
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
2.03 ac
Current owner
From public records · entity-resolved
1340 Myers Lane LLC
Entity
Free & Clear · 4 yrs held
Mailing address
115 W STEWART AVE STE #202, MEDFORD, OR 97501-3607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
—
1340 Myers Lane LLC
Kogap Enterprises INC
Bargain And Sale Deed
—
Jun 26, 2018
—
Kogap Ents INC
Kogap Ents INC
Quit Claim Deed
related
—
Sep 11, 2008
$850,000
Kogap Ents INC
Medford Irrigation District
Warranty Deed
—
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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