4601 Biddle Rd Central Point, OR 97502
- Commercial kitchens
- 616 SF
- 0.65 lot acres
Current Use by Public Records
- Commercial kitchens
Property Details for 4601 Biddle Rd
- Year built
- 2022
- Lot size
- 0.65 lot acres
- Property size
- 616 SF
- Zone code
- C-2(M)
- Property type
- Commercial kitchens
- APN
- 1-0979333
- APU
- 10979333
Description
This exceptional 1.97-acre commercial land parcel, located at 4601 Biddle Rd in Central Point, Oregon (zip code 97502), presents a unique investment opportunity. Situated in Jackson County, this property boasts a C-5 zoning designation, offering considerable flexibility for a wide range of commercial uses. The lot is conveniently located near the Costco development in East Central Point, ensuring high visibility and accessibility. The property features Biddle Road frontage and is situated on a corner lot adjacent to a newly developed private street designed for commercial use, specifically a car wash/lube facility. The APN is 11011072. The asking price for this prime commercial land is $1,501,727.50. The seller is open to various transaction structures, including outright sale, land lease, or build-to-suit arrangements for qualified tenants, providing considerable flexibility for potential buyers or lessees. This presents a rare chance to acquire a strategically positioned commercial property in a thriving area with significant growth potential. The property's location and zoning make it ideal for a variety of commercial ventures. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $545,000
- 6.5%
- $525,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $555,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $445,000
- Mixed-Use
- $480,000
- Hospitality
- $475,000
- Educational
- $600,000
- Residential Income
- $480,000
- Energy
- $460,000
- Income-Based Land
- $590,000
- Food Service
- $515,000
Location Insight
- Map
- Local Demand
- City
- Central Point
- County
- Jackson
- State
- Oregon
- Longitude
- -122.889
- Latitude
- 42.3782
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA