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Industrial Development Land Parcel
For Sale
$589,000

460 Federal Way, Central Point, OR 97502

Level, M-1 zoned industrial land with utilities in place, positioned near major logistics and retail demand generators.

Property SizeContact for details
Days on Market2961

Property Features for 460 Federal Way

General Information

Standard status Active
Property subtype Com Land
Zoning M-1

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,811

Amenities

No
Corner Lot,Level
Public
2.36
Paved
Listing Agency: Kelly Right RE of Seattle LLC
Listed By: Gloria Nali Ledgerwood
Source: Premierepropertygroup
Added: Jul 16, 2018 Changed: Aug 23 Last Checked: Aug 23 at 2:56AM

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 Kelly Right RE of Seattle LLC

Investment Insights

Based on property information with market context.

This offering is a level industrial land parcel suitable for a range of development uses under M-1 zoning. Utilities are available at the property, supporting immediate planning for future site improvements and infrastructure needs. The property is described as ready for development, with views noted as an added attribute.

The parcel is adjacent to a new Amazon Distribution Center and just down from the Central Point Costco location. It is positioned for logistics, with access described as less than 5 miles to Interstate 5 and Rogue Valley International Airport, along with proximity to other major commercial development.

For buyers looking for industrial development feasibility, this site provides a straightforward starting point: M-1 zoning, level grading, and utilities at the property. Its location near large employers and regional transportation access makes it well suited for operators and developers evaluating future industrial projects that can be planned within the M-1 framework.

Key Highlights

  • 2.36‑acre corner lot on a paved road with level terrain
  • M‑1 zoned industrial land with utilities at the property
  • Adjacent to the new Amazon Distribution Center

Property Analytics

Current Use

Industrial land

Suggested Use

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

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

Yes
Highway access
Yes
Utilities to site

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 - Level, M-1 zoned industrial land with utilities in place, positioned near major logistics and retail demand generators.
Where is this industrial land located?
The property is located at 460 Federal Way Central Point, OR.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 2.36‑acre corner lot on a paved road with level terrain; M‑1 zoned industrial land with utilities at the property; Adjacent to the new Amazon Distribution Center
More about this property
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