1100 Vilas Rd, Central Point, OR 97502
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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