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M-1 Industrial Land
For Sale
$250,000

450 Federal Way, Central Point, OR 97502

Land, Central Point, OR

Property SizeContact for details
Lot Size0.45 Acres
Days on Market3393

Property Features for 450 Federal Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning description M1
Elementary school Check with District
Middle school Check with District
High school Check with District
Directions From Exit 33 go East on Pine St. turn South on Hamrick Rd. follow as it turns East towards Table Rock Rd. Lots start at the corner of Federal Way and Hamrick Rd.
Standard status Active
APN 10988609
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2809

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Water source Public
Listing Agency: John L. Scott Medford
Listed By: James E North · License #200310092
Added: May 16, 2017 Changed: Aug 19 Last Checked: Aug 29 at 11:06AM
MLS# 102976958

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.

Investment Insights

Based on property information with market context.

This 0.45-acre industrial land parcel is zoned M-1 and is part of a group of three similarly sized lots. City services are stubbed to each parcel, with electricity available, public water, and public sewer identified for the property.

The site is located across from Costco and near an Amazon distribution center under construction. Planned roadway connections call for Federal Way to extend to Table Rock Road and Airport Road, providing a stated future connection to that intersection. The property is addressed on Federal Way in Central Point, Oregon.

Key Highlights

  • 0.45‑acre M‑1 industrial land parcel
  • One of 3 similarly sized lots across from Costco
  • City services stubbed to each lot

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby

Demographics for 97502, OR

29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - M-1 land with public water and sewer access across from Costco.
Where is this industrial land located?
The property is located at 450 Federal Way Central Point, OR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.45‑acre M‑1 industrial land parcel; One of 3 similarly sized lots across from Costco; City services stubbed to each lot
More about this property
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