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Retail Building with Drive-Through
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1249 Plaza Blvd #A/B, Central Point, OR 97502

A standalone, single-unit space includes rear loading access and two overhead doors.

Property Size11,400 SF
Days on Market1

Property Features for 1249 Plaza Blvd #A/B

General Information

Standard status Active
Size 11,400 SF
Property subtype Commercial

Building Details

Year Built 2006
Tenancy Single
Listing Agency: Real Broker
Listed By: Strategic Realty, LLC
Source: Movetobend
Added: Oct 19 Last Checked: Oct 19 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker

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Investment Insights

Based on property information with market context.

This freestanding retail building offers approximately 11,400 square feet in a single-unit layout. A rear drive-through lane and two overhead doors provide distinct vehicle access points, while the interior is described as bright and expansive. The building was constructed in 2006 and previously housed a Goodwill location.

The property is part of Mountain View Plaza, a grocery-anchored shopping center in Central Point, Oregon. Its address is 1249 Plaza Boulevard, Suite A/B.

Key Highlights

  • Approximately 11,400 SF in a freestanding, single‑unit retail building
  • Rear drive‑through lane
  • Two overhead doors for loading

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$157,717
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,154,340 $3.2M
Cap Rate 7%
$2,253,100 $2.3M
Cap Rate 9%
$1,752,411 $1.8M
Market Conditions
NOI Build-Up for 11,400 SF
Gross rent
$246.2K $21.60/SF
− Vacancy
−$20.9K −$1.84/SF
EGI
$225.3K $19.76/SF
− OpEx
−$67.6K −$5.93/SF
NOI
$157.7K $13.83/SF
Area
Jackson County, OR
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,154,340
Cap Rate 7%
$2,253,100
Cap Rate 9%
$1,752,411

Alternative Uses

Best Use
Retail
$2.25M
$1.97M – $2.63M (±1% cap)
NOI $157,717 @ 7.0% cap · market cap 7,885,850.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,614 @ 7.0% cap · market cap 9,630,700.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store Building Supply Dental Office

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 24% Groceries 19% Apparel 5%
Albertsons Groceries
39,141 visits/mo 0.1 miles
McDonald's Dining
31,427 visits/mo 0.2 miles
Chevron Shops & Services
22,006 visits/mo 0.2 miles
Taco Bell Dining
17,041 visits/mo 0.3 miles
SONIC Drive In Dining
15,446 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A standalone, single-unit space includes rear loading access and two overhead doors.
Where is this retail space located?
The property is located at 1249 Plaza Blvd #A/B Central Point, OR.
What are key features of this property?
This property features: Approximately 11,400 SF in a freestanding, single‑unit retail building; Rear drive‑through lane; Two overhead doors for loading
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