230 Peninger Rd Central Point, OR 97502
- Land
- 0.85 lot acres
Current Use by Public Records
- Land
Property Details for 230 Peninger Rd
- Lot size
- 0.85 lot acres
- Property type
- Land
Description
This exceptional 0.85-acre commercial land parcel, located at 230 Peninger Rd, Central Point, OR 97502 (APN 10944133), presents a unique investment opportunity. Situated in a high-traffic area with excellent visibility, this C-4 zoned property boasts a prime location adjacent to established businesses like Shari's and La Quinta Inn & Suites. The seller is open to various development scenarios, including land leasing or build-to-suit options for qualified tenants. A land value of $15 per square foot is being considered. A pre-existing site plan for a drive-thru fast-food establishment is available. The owner retains the right to approve the tenant and intended use. While a sale is being considered, alternative development options are welcome. This property offers significant potential for investors seeking a high-visibility location with strong existing infrastructure and convenient access to major transportation routes. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Central Point
- County
- Jackson
- State
- Oregon
- Longitude
- -122.9
- Latitude
- 42.3765
