Medical Clinic with Treatment
990 S Front Street, Central Point, OR 97502
For Sale
$540,000
Nine treatment rooms are complemented by reception, a private office, and staff support areas.
Property Size2,423 SF
Lot Size0.29 Acres
Price / SF$222.86
Days on Market294
Property Features for 990 S Front Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Pulver and Leever Real Estate
Listed By:
William J Leever · License OR #780301889
(541) 773-5391
Source:
Desertskyrealestate
Added: Jan 20
Changed: Nov 8
Last Checked: Nov 9 at 9:52AM
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 Pulver and Leever Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1959, this 2,423-square-foot medical office property is arranged with nine treatment rooms, a reception area, a private doctor’s office, a break room, and two restrooms. A basement provides additional storage space. The building occupies a 0.29-acre parcel and is zoned GC-5.
The property sits at a signalized corner in Central Point, Oregon, with high traffic counts noted. It is offered for sale and is also available for lease.
The property sits at a signalized corner in Central Point, Oregon, with high traffic counts noted. It is offered for sale and is also available for lease.
Key Highlights
- 2,423‑square‑foot medical office building on a 0.29‑acre parcel
- Nine treatment rooms, reception area, and private doctor’s office
- Break room, two restrooms, and basement storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,131
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,620
$702.6K
Cap Rate 7%
$501,871
$501.9K
Cap Rate 9%
$390,344
$390.3K
Market Conditions
NOI Build-Up for 2,423 SF
Gross rent
$65.4K $27.00/SF
− Vacancy
−$6.9K −$2.84/SF
EGI
$58.6K $24.17/SF
− OpEx
−$23.4K −$9.67/SF
NOI
$35.1K $14.50/SF
Area
Jackson County, OR
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,620
Cap Rate 7%
$501,871
Cap Rate 9%
$390,344
Alternative Uses
Best Use
Healthcare Medical
$501.9K
$439.1K – $585.5K
NOI $35,131 @ 7.0% cap · market cap 6.51%
Second Best
Office B
$423.7K
$370.7K – $494.3K
NOI $29,658 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$584.8K
$511.7K – $682.3K
NOI $40,939 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Nine treatment rooms are complemented by reception, a private office, and staff support areas.
Where is this medical office space located?
The property is located at 990 S Front Street Central Point, OR.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2,423‑square‑foot medical office building on a 0.29‑acre parcel; Nine treatment rooms, reception area, and private doctor’s office; Break room, two restrooms, and basement storage
