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    Property profile & analytics
    OFF-MARKET Estimated value $8,735,000
    Strip malls

    1205 Plz Blvd, Central Point, OR 97502-2683

    8,950 SF 1.06 ac lot
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-0539979
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.26M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $8.74M
    Owner & transaction history
    Mountain View Cp LLC · 6 yrs held
    Mountain View Cp LLC
    since 2020
    Last sale
    $9.1M
    3 recorded transactions
    2020
    $9.1M
    2015
    2008
    $10.6M
    Zoning & alternative use
    C-4 · Central Point, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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