701 Golf View DrMedford, OR 97504

Property Details for 701 Golf View Dr

Year built

1998

Lot size

0.58 AC

Property size (Sq ft)

6,352 SF

Zone code

C-S/P

Property type

Medical offices

Property subtype

Medical centers

APN

1-0849015

APU

10849015

Description

This exceptional Class A, single-tenant medical office building presents a unique investment opportunity. The 6,300 square foot, single-story building, constructed in 1998, is situated on a convenient location with easy access via East Barnett. The property boasts ample parking with 24 spaces available. The building's interior is meticulously designed for medical use, featuring two operatories, six exam rooms, a medical assistant station, two reception stations, two post-operative rooms, an imaging room, three recovery rooms, and a medical gas room with convenient outside access. Staff and patient comfort is ensured with separate men's and women's locker rooms including showers. Administrative needs are met with three dedicated offices. Additional amenities include four restrooms, a breakroom, clean and dirty laundry rooms, and efficient climate control provided by two attic boilers and an on-site chiller. The building is zoned for Office/Medical use, making it ideal for a variety of medical practices. The entire 6,300 square feet is currently vacant, offering immediate occupancy for a new tenant. Electric power services the building. This turnkey medical facility is ready for immediate operation.

• CAP approach

  CAP return

  Valuation

  6%

  $1,251,937

  6.5%

  $1,155,634

  7%

  $1,073,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,627,573

  Geo Method

  $1,627,573

• Alternative Use

  Use

  Valuation

  Residential

  $1,432,986

  Hospitality

  $1,312,608

  Educational

  $1,092,074

  Medical

  $1,129,632

  Retail

  $1,698,782

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.317

Longitude

-122.823

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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