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    1100 Vilas Rd Central Point, OR 97502

    For Sale
    $1,750,000

    3.23 Acres, High Visibility, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.23-acre industrial property in Central Point, Oregon, presents a remarkable opportunity for development. Located on a high-visibility corner lot at 1100 E Vilas Rd (97502), this fully improved site boasts significant advantages. The property includes three tax lots (APN: 10507268, 10985247, 10985248) and is zoned HI (Heavy Industrial). Infrastructure is complete with power, water, sewer, and storm drainage already installed. The site features a fully wrought iron fence, gravel, sidewalks, and landscaping. A substantial 7,500 square foot asphalted entry apron and parking area are already developed at the property entrance. While previous building permits for a 13,600 square foot (80'x170') five-bay metal building (expired April 2023) are available for review, this property offers flexibility for various industrial uses. Three-phase 480V power, freestanding floodlight poles, and a large monument sign in the northwest corner enhance the property's appeal. The asking price is $1,750,000. Note that a modular office building on the site is excluded from the sale. This prime location offers unparalleled visibility and accessibility, making it an ideal investment for discerning buyers.

    Property Features for 1100 Vilas Rd

    General Information

    Property type
    Land
    Lot Size
    140,699 SF

    HighLights

    • $1,750,000 asking price for 3.23 acres of industrial land.
    • Located at 1100 E Vilas Rd, Central Point, OR 97502, in Jackson County.
    • HI zoning designation.
    • Property includes existing infrastructure: power, water, sewer, storm drainage, wrought iron fencing, gravel, sidewalks, landscaping, and a 7,500 sf paved entry/parking area.
    • Features a high‑visibility corner location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Clothing Store Hotel & Motel Pharmacy Gym & Fitness Building Supply Wholesale Shop Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Central Point
    County
    Jackson
    State
    Oregon
    Longitude
    -122.86343881537
    Latitude
    42.388726648409

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    FAQs

    What type of property is this?
    Land - 3.23 Acres, High Visibility, Ready to Build
    Where is this land located?
    The property is located at 1100 Vilas Rd Central Point, OR.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: $1,750,000 asking price for 3.23 acres of industrial land.; Located at 1100 E Vilas Rd, Central Point, OR 97502, in Jackson County.; HI zoning designation.
    Request Owner's contact information
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    Central Point, OR 97502
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    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
    1100 Vilas Rd Central Point, OR 97502
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