Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    230 Peninger Rd Central Point, OR 97502

    Sponsored
    For Sale
    $555,390

    High-exposure commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.85-acre commercial land parcel, located at 230 Peninger Rd, Central Point, OR 97502 (APN 10944133), presents a unique investment opportunity. Situated in a high-traffic area with excellent visibility, this C-4 zoned property boasts a prime location adjacent to established businesses like Shari's and La Quinta Inn & Suites. The seller is open to various development scenarios, including land leasing or build-to-suit options for qualified tenants. A land value of $15 per square foot is being considered. A pre-existing site plan for a drive-thru fast-food establishment is available. The owner retains the right to approve the tenant and intended use. While a sale is being considered, alternative development options are welcome. This property offers significant potential for investors seeking a high-visibility location with strong existing infrastructure and convenient access to major transportation routes. Serious inquiries only.

    Property Features for 230 Peninger Rd

    General Information

    Property type
    Land
    Lot Size
    37,026 SF

    HighLights

    • 0.85‑acre commercial land parcel at 230 Peninger Rd, Central Point, OR (APN 10944133).
    • High‑traffic location with excellent visibility, adjacent to Shari's and La Quinta Inn & Suites.
    • C‑4 zoning.
    • Seller open to land leasing or build‑to‑suit options; $15/sq ft land value considered.
    • Pre‑existing site plan for drive‑thru available; owner approval required for tenant and use.
    • High‑visibility location with strong infrastructure and convenient access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Central Point
    County
    Jackson
    State
    Oregon
    Longitude
    -122.900344
    Latitude
    42.376489

    Nearby Similar for Sale

    • $750,000
      0.18 Acres

      Central Point Corner Commercial Building

      Highly visible corner building in downtown Central Point for sale.
      217 E Pine St, Central Point, OR 97502
      View Details
    • $513,500
      0.06 Acres

      New Central Point Duplex

      Two new living spaces on one lot in Central Point.
      4730 Gebhard Rd, Central Point, OR 97502
      View Details
    • $3,250,000
      1.35 Acres

      20-Unit Apartment Complex For Sale

      20-unit apartment complex with recreation room and inground pool.
      349 W Pine St, Central Point, OR 97502
      View Details
    • $517,500
      0.06 Acres

      New Central Point Duplex Opportunity

      New duplex with ADU, ideal for investors or multi-generational living.
      1121 Annalise St, Central Point, OR 97502
      View Details
    • $517,500
      0.08 Acres

      Contemporary Duplex in Central Point

      New duplex featuring a main home and separate ADU.
      4726 Gebhard Rd, Central Point, OR 97502
      View Details
    • $519,900
      0.06 Acres

      New Duplex in Willow Bend Estates

      New construction duplex perfect for investors or multi-generational living.
      1113 Annalise St, Central Point, OR 97502
      View Details
    • $350,000
      Pending

      Multi-Home Property in Central Point

      Two residences on one lot, ideal for living or investment.
      340 Freeman Rd, Central Point, OR 97502
      View Details
    • $659,000
      0.18 Acres

      Central Point Quadruplex For Sale

      Well-maintained, fully occupied Central Point quadplex with strong rental history.
      350 Alder St, Central Point, OR 97502
      View Details
    • $711,895
      10,454 SF

      Central Point Quadplex For Sale

      Well-maintained 1997 quadplex in Central Point, near Crater High.
      561 Briarwood Dr, Central Point, OR 97502
      View Details
    • $186,000
      1,944 SF

      Energy Star Home Ready to Move

      Energy Star-rated manufactured home with flexible relocation options.
      1182 E Justice Rd, Central Point, OR 97502
      View Details
    • $500,000
      1,100 SF

      Turnkey Storefront Business Opportunity

      Storefront and established glass shop business for sale.
      441 S Front St, Central Point, OR
      View Details
    • $335,000
      2,140 SF

      Mixed-Use Office and Apartment

      Office space with apartment for live/work or rental income.
      61 S 2Nd St, Central Point, OR 97502
      View Details

    FAQs

    What type of property is this?
    Land - High-exposure commercial land, ideal for development.
    Where is this land located?
    The property is located at 230 Peninger Rd Central Point, OR.
    What is the asking price?
    The asking price for this property is $555,390.
    What are key features of this property?
    This property features: 0.85-acre commercial land parcel at 230 Peninger Rd, Central Point, OR (APN 10944133).; High-traffic location with excellent visibility, adjacent to Shari's and La Quinta Inn & Suites.; C-4 zoning.
    Request Owner's contact information
    230 Peninger Rd Central Point, OR 97502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    230 Peninger Rd
    Central Point, OR 97502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 Peninger Rd Central Point, OR 97502
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.