Industrial Flex Development
For Sale
$5,400,000
5877 Crater Lake Highway, Central Point, OR 97502
Industrial property includes multiple tax lots, with several buildings and additional undeveloped lots fronting Crater Lake Hwy.
Property SizeContact for details
Days on Market54
Property Features for 5877 Crater Lake Highway
General Information
Standard status
Active
Zoning
I-L
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$25,868
Building Details
Year Built
2001
Listing Agency:
(541) 941-2053
Listed By:
Marialice Wright · License #201221289
(541) 941-2053
Source:
Mtmeadows.idxbroker
Added: Jun 28
Changed: Aug 14
Last Checked: Aug 20 at 4:06AM
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 Marialice Wright
Investment Insights
Based on property information with market context.
This industrial development is comprised of five separate tax lots, with three lots developed and two lots currently undeveloped. The developed parcels include buildings measuring 9,672 sq. ft., 20,000 sq. ft., and 11,000 sq. ft. Current lease terms range from one to three years.
The undeveloped lots front Crater Lake Highway, providing highway exposure. The property is offered for sale as a package.
The combination of leased, income-producing buildings and additional development-ready frontage makes the site suitable for buyers looking to hold existing improvements while retaining options on the undeveloped tax lots.
The undeveloped lots front Crater Lake Highway, providing highway exposure. The property is offered for sale as a package.
The combination of leased, income-producing buildings and additional development-ready frontage makes the site suitable for buyers looking to hold existing improvements while retaining options on the undeveloped tax lots.
Key Highlights
- Industrial development on 5 separate tax lots: 3 developed and 2 undeveloped for future development
- Developed buildings total includes 9,672 SF, 20,000 SF, and 11,000 SF
- Undeveloped lots front Crater Lake Hwy for road exposure to Hwy traffic
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial property includes multiple tax lots, with several buildings and additional undeveloped lots fronting Crater Lake Hwy.
Where is this flex space located?
The property is located at 5877 Crater Lake Highway Central Point, OR.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Industrial development on 5 separate tax lots: 3 developed and 2 undeveloped for future development; Developed buildings total includes 9,672 SF, 20,000 SF, and 11,000 SF; Undeveloped lots front Crater Lake Hwy for road exposure to Hwy traffic
