1501 Sage RdMedford, OR 97501

Property Details for 1501 Sage Rd

Year built

1996

Lot size

0.96 AC

Property size (Sq ft)

15,000 SF

Zone code

I-G

Property type

Turn key restaurants

APN

1-0803371

APU

10803371

Description

This exceptional investment opportunity presents a portfolio of three commercial buildings totaling 15,000 square feet of gross rentable area, situated on a 0.96-acre lot in Medford, Oregon. The property is zoned IG (General Industrial) and boasts a compelling 9% capitalization rate, generating substantial monthly gross rents of $25,500. The expense ratio is a manageable 12.44%. The buildings are currently occupied by a diverse mix of long-term tenants. Building 1501 A/B/C houses a recently remodeled restaurant, while buildings 1503 and 1505 A/B/C/D are utilized for manufacturing and storage purposes. Recent capital improvements include the installation of new HVAC systems throughout the complex, a complete restaurant remodel in Building 1501, and a new fire suppression system in Building 1503. This is a turnkey investment opportunity with established tenants and a proven track record of strong cash flow. The sale includes the real estate only

• CAP approach

  CAP return

  Valuation

  6%

  $4,345,792

  6.5%

  $4,011,500

  7%

  $3,724,964

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,685,494

  Geo Method

  $9,685,494

• Alternative Use

  Use

  Valuation

  Residential

  $3,383,850

  Hospitality

  $3,099,589

  Educational

  $2,578,822

  Medical

  $2,667,511

  Retail

  $4,011,500

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3392

Longitude

-122.891

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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