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Property profile & analytics
OFF-MARKET
Estimated value
$4,790,000
Warehouses
Samike Dr Medford, OR
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US71-1402591
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Total area
66,200 SF
Lot
4.98 ac (216,929 SF)
Zoning code
I-L
APN
1-0965623
UPID
US71-1402591
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
by Request
Blend (final)
Blend
$4.79M
Owner & transaction history
South Pacific Holdings LLC · 13 yrs held
South Pacific Holdings LLC
since 2012
7 recorded transactions
Zoning & alternative use
I-L · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-L district provides land for warehouse, office, and low intensity industrial uses in areas near residential and commercial zones. It is intended for industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare, or fire and explosive hazards
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
2,019.51 ac
Source
Realmo
Top alternative use upside
Industrial (general)
$6.4M
+10.3%
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
WAREHOUSE, STORAGE
$5,845,000
Current use
INDUSTRIAL (GENERAL)
$6,445,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$4.79M
Range $4.31M – $5.27M · ±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
$72 / 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
$36,964
Tax year 2023
Assessed value
$2,475,830
Assessed 2023
Previous assessed
$2,403,720
+3.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,178,520
Assessed improvement
$1,297,310
Land market value
$1,523,010
Improvement market value
$1,846,740
Total market value
$3,369,750
Applied tax rate
407.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Total area
66,200 SF
Lot
4.98 ac (216,929 SF)
Zoning code
I-L
APN
1-0965623
UPID
US71-1402591
Jurisdiction
JACKSON
Zoning & alternative use
I-L · Medford, ORZoning I-L · permitted uses
I-L · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-L district provides land for warehouse, office, and low intensity industrial uses in areas near residential and commercial zones. It is intended for industrial uses which involve the lowest level of noise, vibration, air pollution, radiation, glare, or fire and explosive hazards
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
2,019.51 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$6.4M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
Year built
2007
Heating
NONE
Buildings
2
Lot
4.98 ac
Current owner
From public records · entity-resolved
South Pacific Holdings LLC
Entity
Mailing address
PO BOX 965, ASHLAND, OR 97520-0033
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2013
—
South Pacific Holdings LLC
—
Deed Of Trust
related
$2,800,000 · Miscellaneous Ins Co
Aug 22, 2012
$4,390,708
South Pacific Holdings LLC
Kellerman Joseph E
Trustees Deed
related
—
Mar 4, 2009
—
Denis Etal Toney
Toney,denis
Affidavit Of Death
related
—
Jan 2, 2004
$745,000
Denis Toney
Samike Investments
Grant Deed
—
Jan 2, 2004
—
Toney,tr
Toney,denis
Quit Claim Deed
related
$1,837,500 · Premierwest Bank
Nov 21, 2002
—
Samike Investments
—
Trustees Deed
related
$250,000 · Premierwest Bank
—
—
South Pacific Holdings LLC
—
Loan Modification
related
$4,197,572 · Miscellaneous Ins Co
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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