Property profile

1024 Newland Rd Central Point, OR 97502

OFF-MARKET
Retail space
Property ID
US71-0624448
3,000 SF 5 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 3,000 SF
Lot 5 ac (217,800 SF)
Zoning code I-G
APN 1-0204238
UPID US71-0624448

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

1024 Newland Rd Central Point, OR 97502-9481
Central Point metro Census 1100 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$640k
Comparable Approach Comparable
$670k
Blend (final) Blend
$510k

Owner & transaction history

since 2013
5 recorded transactions
2013
$475,000
2013
Price N/A
2004
Price N/A
1980
Price N/A
1969
Price N/A

Zoning & alternative use

I-G · Central Point, OR
Top alternative use upside
Medical building $760,000 +58.8%
Neighborhood: shopping center $625,000 +30.6%
Auto repair, garage $485,000 +1.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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