Property profile

1205 Plaza Blvd Central Point, OR 97502

FOR LEASE
Strip malls
Property ID
US71-0539979
8,950 SF 1.06 ac lot
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Mt. View Plaza, a Class A commercial property in Central Point, Oregon (97502), offers 1,150 to 3,000 square feet of executive office space for lease. Located at 1205 Plaza Blvd, near Freeman Road, this 8,950 square foot building boasts six suites within a vibrant shopping plaza anchored by Albertsons, Furniture Row, and Goodwill. Built in 2001 and renovated in 2024, the single-story building features ample parking and is zoned for commercial use. The space is ideal for various businesses, including executive offices, salons, groomers, and fitness centers. The property benefits from a strong mix of long-term tenants and is exceptionally well-maintained. The lease is a NNN structure, including CAMs and management fees. The available space offers convenient customer parking directly in front. Cannabis dispensaries and hemp businesses are not permitted. Showings are available by appointment. The minimum divisible space is 1,150 square feet, with a maximum contiguous space of 3,000 square feet. The property is situated in a thriving submarket encompassing office, restaurant, retail, and medical uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 8,950 SF
Lot 1.06 ac (46,174 SF)
Zoning code C-4
APN 1-0960325
UPID US71-0539979

Cap rate & NOI

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

Location

1205 Plaza Blvd Central Point, OR 97502
Central Point metro Census 1001 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.48M

Owner & transaction history

since 2020
Last sale
$9.1M
3 recorded transactions
2020
$9.1M
2015
Price N/A
2008
$10.6M

Zoning & alternative use

C-4 · Central Point, OR
Zoning description

C-4 district as provided in Section 17.60.140 , Authorization for similar uses. ( Ord. 1709 § 1(part), 1994 ; Ord. 1881 (part) , 2006 ; Ord. 2014 § 4, 2015 ; Ord. 2028 § 2, 2016 ; Ord. 2089 § 2, 2022 ) § 17.32.030 Condit…

General category COMMERCIAL

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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