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    OFF-MARKET
    Land

    1100 Vilas Rd, Central Point, OR 97502

    3.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 3.23 ac (140,699 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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