1600 E Pine St Central Point, OR 97502
Property profile & analytics
1600 E Pine St Central Point, OR 97502
- Automotive properties
- 3,368 SF
- 3.37 lot acres
Property ID
US71-0434655
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Automotive properties
Property Details for 1600 E Pine St
- Year built
- 2018
- Lot size
- 3.37 lot acres
- Property size
- 3,368 SF
- Zone code
- IC
- Property type
- Automotive properties
- APN
- 1-0887833
- APU
- 10887833
Description
Exceptional investment opportunity in Central Point, Oregon, featuring an 8.53-acre commercial land parcel (APN 10887817) at 1600 E Pine St, 97502. This fully developed property is currently leased to Pilot Travel Centers, LLC, under a long-term unsubordinated ground lease with a substantial remaining term of approximately 17.1 years, expiring January 1, 2042. The lease provides a stable annual net-net-net rent of $270,000, commencing January 1, 2022, representing a significant return on investment. The property is zoned C-4, allowing for a variety of commercial uses. This offering presents a compelling opportunity for passive income generation with a strong, established tenant and a considerable remaining lease term. The asking price is $6,000,000. Detailed lease documents are available upon execution of a confidentiality agreement and contract. This is a prime opportunity for investors seeking a secure, high-yield commercial land investment with a blue-chip tenant. The property's location in Central Point, Oregon, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, income-producing asset with significant long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Central Point
- County
- Jackson
- State
- Oregon
- Longitude
- -122.899
- Latitude
- 42.3779
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$60,588
$1,741,010
$1,808,350
$3,549,360
-
$2,052,950
$2,132,260
$4,185,210
