Property profile

4316 Hamrick Rd Central Point, OR 97502

OFF-MARKET
Land
Property ID
US71-0585867
0.62 ac lot
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Property summary

AI-generated overview

This exceptional .62-acre commercial lot, located at 4316 Hamrick Road in Central Point, Oregon (zip code 97502), presents a compelling investment opportunity. Currently zoned C-4, this property is ideally suited for the development of an office building catering to service industries or a convenience store. Its prime location offers excellent visibility and accessibility, situated near major commercial anchors such as Costco and the new Amazon warehouse, with convenient access to Interstate 5. The property includes a 2-bedroom, 1-bathroom house and a large shop/garage outbuilding, currently rented month-to-month, adding immediate income potential. The house features a newer roof (5-6 years old). Utilities are accessible to this lot, which is also adjacent to two other commercially zoned parcels (1.93 and 1.94 acres) also available for purchase, creating the potential for a significant commercial corner development. Furthermore, the City of Central Point has indicated the possibility of rezoning the property for R-2 residential lots, offering additional development flexibility. The asking price for this property is $560,000. Jackson County records confirm the lot size as 0.62 acres.

Property profile

Verified
Property type Land
Lot 0.62 ac (27,007 SF)
UPID US71-0585867

Cap rate & NOI

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

Location

4316 Hamrick Rd Central Point, OR 97502
Central Point metro
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Value estimations

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Owner & transaction history

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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