Commercial Land with Existing
163 S Front Street, Central Point, OR 97502
For Sale
$450,000
Pending
Commercial Sale, Central Point, OR
Property Size1,681 SF
Lot Size0.28 Acres
Days on Market195
Property Features for 163 S Front Street
General Information
Property type
Property subtype
Zoning description
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
James E North · License OR #200310092
(541) 734-5280
Added: Apr 29
Changed: Oct 6
Last Checked: Nov 9 at 9:06PM
MLS# 220220321
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.
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Investment Insights
Based on property information with market context.
This commercial land offering includes an existing 1,681-square-foot structure built in 1964. The property is situated within the TOD Overlay and includes ductless heating and cooling, a rolled hot mop roof, public water, and public sewer. Three-phase power has been added, and the property has been surveyed.
The site is located at 163 S Front Street in Central Point, Oregon, along South Front Street, also identified as North Pacific Highway. The property is across from the Grange Coop store. An existing pylon sign remains in place, and the City has approved vacating a 10-foot strip along Alder Street.
The site is located at 163 S Front Street in Central Point, Oregon, along South Front Street, also identified as North Pacific Highway. The property is across from the Grange Coop store. An existing pylon sign remains in place, and the City has approved vacating a 10-foot strip along Alder Street.
Key Highlights
- 1,681‑square‑foot existing structure built in 1964
- Commercial land within the TOD Overlay
- Three‑phase power has been added
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,256
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,120
$465.1K
Cap Rate 7%
$332,229
$332.2K
Cap Rate 9%
$258,400
$258.4K
Market Conditions
NOI Build-Up for 1,681 SF
Gross rent
$36.3K $21.60/SF
− Vacancy
−$3.1K −$1.84/SF
EGI
$33.2K $19.76/SF
− OpEx
−$10.0K −$5.93/SF
NOI
$23.3K $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%
$465,120
Cap Rate 7%
$332,229
Cap Rate 9%
$258,400
Alternative Uses
Best Use
Retail
$332.2K
$290.7K – $387.6K
NOI $23,256 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.7K
$355.0K – $473.4K
NOI $28,402 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 42%
Groceries 12%
McDonald's
Dining
31,427 visits/mo
0.5 miles
Dollar Tree
Shops & Services
21,038 visits/mo
0.2 miles
Ray's Food Place
Groceries
15,279 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
11,962 visits/mo
0.5 miles
7-Eleven
Shops & Services
8,849 visits/mo
0.1 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
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Market
Properties on Market for Commercial land in Central Point
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial parcel with an existing structure, public water and sewer, and three-phase power.
Where is this commercial land located?
The property is located at 163 S Front Street Central Point, OR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,681‑square‑foot existing structure built in 1964; Commercial land within the TOD Overlay; Three‑phase power has been added
