Technical
Financial
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Property profile

10980 Highway 62 Eagle Point, OR 97524

FOR SALE
Commercial land
Property ID
US71-0917141
1,320 SF 1.71 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.71-acre commercial land parcel presents a prime investment opportunity in Eagle Point, Oregon. Located at 10980 Highway 62, this property boasts 74,488 square feet of developable land zoned C-1, allowing for a variety of uses including retail, commercial, mixed-use, and multifamily developments. The asking price is $500,000, translating to $6.71 per square foot. The site benefits from an existing curb cut providing convenient access to the heavily trafficked Crater Lake Highway (approximately 15,000 cars daily), ensuring excellent visibility for any future development. The flat topography simplifies construction and site preparation. This location offers strong demographics, with 24,028 residents within a 5-mile radius and an average household income of $75,922 in the trade zone (median household income is $55,641). The property's strategic position across the highway from a Walmart Super Center further enhances its appeal and potential for high foot traffic and customer accessibility. This is a rare opportunity to acquire a well-located, sizable commercial parcel in a growing area with significant development potential. The property's zoning and location make it ideal for a wide range of commercial ventures. Don't miss this chance to secure a valuable asset in a thriving market. The zip code is 97524, and the property is situated in Jackson County.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 1,320 SF
Lot 1.71 ac (74,488 SF)
Zoning code C-4
APN 1-0209056
UPID US71-0917141

Cap rate & NOI

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

Location

10980 Highway 62 Eagle Point, OR 97524
Eagle Point metro Census 1401 MEDFORD, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2019
Price N/A
2017
$2.3M
2014
Price N/A
2010
Price N/A
2003
$260,000
1983
Price N/A

Zoning & alternative use

C-4 · Eagle Point, OR

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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