1744 Mcandrews RdMedford, OR 97504

Property Details for 1744 Mcandrews Rd

Lot size

0.02 AC

Property size (Sq ft)

727 SF

Property type

Office properties

APN

1-0745480

APU

10745480

Description

This exceptional Medford commercial property offers a rare opportunity to acquire a substantial 2,331 square foot space, ideally suited for a variety of business needs. The property comprises three tax lots combined into a single, versatile unit, providing significant flexibility for expansion or multi-tenant occupancy. A key advantage is the inclusion of individual bathrooms in each unit, a feature rarely found in comparable properties. One bathroom even includes a shower, enhancing the functionality and convenience for occupants. The strategic layout allows for easy separation into individual units, each with its own designated parking. Eleven parking spaces are located directly in front of the building, ensuring ample parking for employees and clients. The 0.3-acre lot provides ample space and potential for future development or expansion. The property's size and features make it an attractive investment opportunity, whether for owner-occupancy or as a rental property with potential for substantial rental income. The combined space and individual unit options offer a unique blend of flexibility and convenience, making it an ideal choice for businesses seeking a well-located, functional, and spacious commercial property in Medford, Oregon. This is a truly unique opportunity in the Medford commercial real estate market.

• CAP approach

  CAP return

  Valuation

  6%

  $143,285

  6.5%

  $132,263

  7%

  $122,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $186,279

  Geo Method

  $186,279

• Alternative Use

  Use

  Valuation

  Residential

  $164,006

  Hospitality

  $150,229

  Educational

  $124,989

  Medical

  $129,287

  Retail

  $194,427

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3407

Longitude

-122.859

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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