1600 Delta Waters RdMedford, OR 97504

Property Details for 1600 Delta Waters Rd

Lot size

1.18 AC

Property size (Sq ft)

11,700 SF

Zone code

C-R

Property type

Retail properties

Property subtype

Strip malls

APN

1-0312121

APU

10312121

Description

This exceptional retail space, located at 1600 Delta Waters Road #101 in Jackson County, offers 2,340 square feet of immediately available space within a high-visibility strip center. Situated on a 1.44-acre lot, the property boasts convenient access and high traffic counts due to its proximity to major retailers such as Safeway and Olive Garden. The building, constructed in 1999, is zoned C-R and features a current build-out as office space, adaptable to various retail uses. The asking rent is $1.75 per square foot per month, based on the existing condition, with a Net 3 lease structure. The landlord reserves the right to approve tenants and intended use. The property's APN is 37-1W-7D, TL #200. While the existing build-out is suitable for immediate occupancy, the owner is open to negotiating additional construction or improvements to meet specific tenant needs. This prime location presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving commercial area. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $3,389,775

  6.5%

  $3,129,023

  7%

  $2,905,521

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,554,686

  Geo Method

  $7,554,686

• Alternative Use

  Use

  Valuation

  Residential

  $2,639,448

  Hospitality

  $2,417,720

  Educational

  $2,011,515

  Medical

  $2,080,694

  Retail

  $3,129,023

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3629

Longitude

-122.86

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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