Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10695 Killdee Avenue Central Point, OR 97502

    View on Map
    Claim this Listing
    For Sale
    $229,000

    LAND - Central Point, OR

    Lot size:
    10.01 Acres
    Added:
    Apr 14, 2025
    Days on Market:
    366
    Last Refresh:
    Apr 14 at 9:06 pm

    Property Features for 10695 Killdee Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    10638301
    Lot size
    10.01 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1138

    Utilities

    Utilities
    Electricity Available
    Water source
    Well

    Building Details

    Additional Structures
    Greenhouse

    We can help!

    Listing Contact
    Steve Thomas Group

    Listing agent Steve Thomas Group License #201221244

    Listing office eXp Realty, LLC 710 Cardley Ave, Salem, OR

    Listing date Apr 14, 2025

    MLS# 220199524

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Central Point Land with Views

    This 10.01-acre parcel in Central Point, Oregon, features level, usable land with views of upper and lower Table Rock. The property is fully fenced and includes a 250-amp power supply and a high-producing well. It is suitable for residential, agricultural, or commercial use. The land offers potential for building a home, starting a garden, or creating a private retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Central Point
    County
    Jackson
    State
    Oregon
    Longitude
    -122.956
    Latitude
    42.4072

    Nearby Similar for Sale

    • $687,000
      3,248 SF

      Central Point Corner Commercial Building

      Highly visible corner commercial building in downtown Central Point, Oregon.
      217 E Pine Street, Central Point, OR 97502
      View Details
    • $514,900
      1,994 SF

      New Central Point Multifamily Property

      Contemporary duplex in Central Point, ideal for investors or homeowners.
      4722 Gebhard Road, Central Point, OR 97502
      View Details
    • $524,000
      1,994 SF

      New Duplex in Central Point

      Two new homes on one lot, perfect for investors.
      4710 Gebhard Road, Central Point, OR 97502
      View Details
    • $695,000

      Central Point Development Opportunity

      Two-acre R-2 zoned parcel suitable for residential development.
      3364 Bursell Road, Central Point, OR 97502
      View Details
    • $265,000

      Central Point Vacant Land Opportunity

      7.62+/- acres near Highway 140 and Jackson County Sports Park.
      7314 Kershaw Road, Central Point, OR 97502
      View Details
    • $375,000

      Lapine Irrigated Farm Opportunity

      Productive 25.62-acre farm with water rights near Central Point.
      Lapine Avenue, Central Point, OR 97502
      View Details
    • $2,875,000
      4,532 SF

      9.88 Acre Light Industrial Assemblage

      Light industrial assemblage with high-visibility frontage in a growing industrial corridor.
      579 E Vilas Road, Central Point, OR 97502
      View Details
    • $450,000

      Central Point Land For Sale

      Land suitable for multi-family development in Central Point, Oregon.
      N Third Street, Central Point, OR 97502
      View Details
    • $515,000

      Forested Land Near Medford Airport

      471 acres of forested land with timber value.
      0 East Evans Creek Rd, Central Point, OR 97537
      View Details
    • $524,000
      1,584 SF

      New Duplex in Central Point

      Two new living spaces on one lot. Perfect for investors.
      1109 Annalise Street, Central Point, OR 97502
      View Details
    • $825,000
      5,500 SF

      Medford Industrial Property with Expansion

      Industrial property in Medford with main and secondary buildings.
      1343 E Justice Rd, Central Point, OR 97502
      View Details
    • $299,000

      40 Acres in Central Point

      Land with panoramic views, developed roads, and a private well.
      11926 BLACKWELL Rd, CentralPoint, OR 97502
      View Details

    FAQs

    What type of property is this?
    Land - 10.01 acres of usable land with utilities and views.
    Where is this land located?
    The property is located at 10695 Killdee Avenue Central Point, OR.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 10.01 acres of 100% usable, level land.; Breathtaking views of upper and lower Table Rock.; High‑producing well.
    (541) 326-6596
    We can help!
    Listing Contact
    Steve Thomas Group
    Real Estate License ID: 201221244
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!