Property profile

4601 Biddle Rd C Central Point, OR 97502

FOR SALE
Commercial kitchens
Property ID
US71-1114088
616 SF 0.65 ac lot Built 2022
Entity Owned 5-yr Hold Free & Clear
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4601 Biddle Rd,Unit C, Central Point, OR 97502 For Sale
$1,501,727 616 SF
4601 Biddle Rd,Unit C, Central Point, OR 97502
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Property summary

AI-generated overview

This exceptional 1.97-acre commercial land parcel, located at 4601 Biddle Rd in Central Point, Oregon (zip code 97502), presents a unique investment opportunity. Situated in Jackson County, this property boasts a C-5 zoning designation, offering considerable flexibility for a wide range of commercial uses. The lot is conveniently located near the Costco development in East Central Point, ensuring high visibility and accessibility. The property features Biddle Road frontage and is situated on a corner lot adjacent to a newly developed private street designed for commercial use, specifically a car wash/lube facility. The APN is 11011072. The asking price for this prime commercial land is $1,501,727.50. The seller is open to various transaction structures, including outright sale, land lease, or build-to-suit arrangements for qualified tenants, providing considerable flexibility for potential buyers or lessees. This presents a rare chance to acquire a strategically positioned commercial property in a thriving area with significant growth potential. The property's location and zoning make it ideal for a variety of commercial ventures. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly developing area.

Property profile

Verified
Property type Commercial kitchens
Use group TAKE-OUT RESTAURANT
Year built 2022
Total area 616 SF
Lot 0.65 ac (28,314 SF)
Zoning code C-2(M)
APN 1-0979333
UPID US71-1114088

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Bakery Discount Store
  • Cafe & Coffee Shop

Location

4601 Biddle Rd, Unit C Central Point, OR 97502
Central Point metro Census 1100 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

since 2021
Last sale
$563,800
6 recorded transactions
2022
Price N/A
2021
$563,800
2019
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2(M) · Central Point, OR
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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