Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Pine St Central Point, OR 97502

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-exposure 3.14-acre commercial lot.

    Property Features for 0 Pine St

    General Information

    Property type
    Land
    Lot Size
    136,778 SF

    We can help!

    Listing Contact
    Jared Pulver
    Jared Pulver

    Listing Agency: Pulver & Leever Real Estate Company Listing Agent: Jared Pulver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 3.14-acre commercial land parcel presents a prime investment opportunity in Central Point, Oregon. Located at the southwest corner of East Pine Street and Hamrick Road, this property boasts high visibility and significant traffic flow, making it ideal for a variety of commercial uses. The property is zoned C-4, allowing for a wide range of development possibilities. The Assessor's Parcel Number (APN) is 10195612. The asking price for the entire 3.14-acre lot is $2,393,622. However, the seller will consider selling a smaller, rear interior parcel of approximately 1.67 acres separately for $950,000. This presents a unique opportunity for buyers seeking a smaller footprint or those interested in acquiring the entire site. The property's location in Jackson County, Oregon, within the 97502 zip code, offers easy access to major transportation routes and a thriving local economy. This high-traffic location ensures maximum exposure for any commercial venture. Serious inquiries are encouraged to explore the potential of this remarkable commercial land offering.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Central Point
    County
    Jackson
    State
    Oregon
    Longitude
    -122.9053196
    Latitude
    42.3787363

    Nearby Similar for Sale

    • $740,000
      3,248 SF

      Central Point Corner Commercial Building

      Highly visible corner commercial building in downtown Central Point, Oregon.
      217 E Pine St, Central Point, OR 97502
      View Details
    • $740,000
      0.18 Acres

      Central Point Corner Commercial Building

      Highly visible corner commercial building in downtown Central Point, Oregon.
      217 E Pine St, Central Point, OR 97502
      View Details
    • $875,000
      0.57 Acres

      Central Point Office Investment Property

      Standalone office building with long-term tenant in Central Point, OR.
      81 Freeman Ct, Central Point, OR 97502
      View Details
    • $514,900
      1,994 SF

      New Central Point Multifamily Property

      Contemporary duplex in Central Point, ideal for investors or homeowners.
      4722 Gebhard Rd, Central Point, OR 97502
      View Details
    • $514,900
      1,994 SF

      New Central Point Duplex

      Contemporary duplex perfect for investors or homeowners in Central Point.
      4722 Gebhard Rd, Central Point, OR 97502
      View Details
    • $517,500
      Pending

      New Central Point Multifamily Property

      Two new separate living spaces on one lot in Central Point.
      4726 Gebhard Rd, Central Point, OR 97502
      View Details
    • $375,000
      25.62 Acres

      Lapine Irrigated Farm Opportunity

      Productive 25.62-acre farm with water rights near Central Point.
      Lapine Ave, 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
    • New
      $524,000
      Pending

      New Duplex in Central Point

      Two new living spaces on one lot. Perfect for investors.
      1109 Annalise St, Central Point, OR 97502
      View Details
    • $517,500
      1,994 SF

      New Duplex in Central Point

      Two new living spaces on one lot in Central Point.
      1121 Annalise St, Central Point, OR 97502
      View Details
    • $519,900
      Pending

      New Duplex in Central Point

      Two new living spaces on one lot in Central Point.
      1113 Annalise St, Central Point, OR 97502
      View Details
    • $519,900
      Pending

      New Duplex in Central Point

      Two new living spaces on one lot in Central Point.
      1113 Annalise St, Central Point, OR 97502
      View Details

    FAQs

    What type of property is this?
    Land - High-exposure 3.14-acre commercial lot.
    Where is this land located?
    The property is located at Pine St Central Point, OR.
    What is the asking price?
    The asking price for this property is $2,393,622.
    What are key features of this property?
    This property features: $2,393,622 asking price.; 3.14-acre commercial land parcel.; C-4 zoning.
    (541) 773-5391 Call to check price and availability
    Request Owner's contact information
    Pine St 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.
    Pine St
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Pine St 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jared Pulver
    Jared Pulver
    Real Estate License ID: 200508084
    (541) 773-5391
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!