230 Peninger Rd Central Point, OR 97502

OFF-MARKET

Land

0.85 ac lot

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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.

Property type Land

Lot 0.85 ac (37,026 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

230 Peninger Rd Central Point, OR 97502

Central Point metro

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Comparables

6 recent transactions · within 1.5 mi

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