10980 Hwy 62 Eagle Point, OR 97524
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Eagle Point, OREagle Point. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.