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    OFF-MARKET
    Commercial real estate

    4316 Hamrick Rd, Central Point, OR 97502

    0.62 ac lot
    Property ID
    US71-0585867
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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