230 Peninger RdCentral Point, OR 97502

For Sale
$555,390

High-exposure commercial land, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
97
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.

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 Details for 230 Peninger Rd

Property type
Other land, Land
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Central Point
County
Jackson
State
Oregon
Latitude
42.376489
Longitude
-122.900344
230 Peninger Rd, Central Point, Oregon
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230 Peninger Rd
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