Technical
Financial
Distress signals
Property profile

1151 Helicopter Way Central Point, OR 97502

FOR SALE
Other industrial land
Property ID
US71-0446700
0.51 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This commercial land parcel is zoned General Industrial (GI) by the City of Medford and comprises approximately 0.51 acres. The site is positioned for access to Highway 62 at E. Vilas Road, Highway 140, and Interstate 5 via Exits #30 (North Medford) and #32 (Central Point). City utilities are stubbed to the property. The lot is located on Helicopter Way, which provides access to East Vilas Road via Helicopter Dr, and is situated within an area developed with industrial and storage uses, including warehouses, suppliers, and a mini storage complex nearby.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.51 ac (22,216 SF)
Zoning code I-G
APN 1-0987476
UPID US71-0446700

Cap rate & NOI

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

Location

1151 Helicopter Way Central Point, OR 97502
Central Point metro Census 1200 MEDFORD, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Zoning & alternative use

I-G · Medford, OR
Zoning description

The I-G district provides land for industrial uses in which production and processing activities involve a degree of noise, vibration, air pollution, radiation, glare phenomena, and fire and explosive hazards

General category INDUSTRIAL

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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