5077 Table Rock Rd Central Point, OR 97502-3233
- Retail space
- 1.13 lot acres
Current Use by Public Records
- Retail space
Property Details for 5077 Table Rock Rd
- Lot size
- 1.13 lot acres
- Zone code
- AD-MU
- Property type
- Retail space
- APN
- 1-0194148
- APU
- 10194148
Description
This 3.42-acre property at 5077 Table Rock Road, Central Point, OR 97502, offers a unique redevelopment opportunity. Located at the high-traffic "Four Corners" intersection of Vilas and Table Rock Roads, it boasts excellent visibility and convenient access to I-5 and Crater Lake Highway. The site includes approximately 3,500 square feet of climate-controlled office space and over 22,000 square feet of covered, open-sided storage areas. Currently, there are two separately rented residential units on the property. The property is zoned L-I, allowing for mixed commercial and industrial uses. The asking price is $2,350,000, representing a land value of approximately $687,134 per acre. The property consists of six units and has a total net rentable area of 3,500 square feet. APN numbers are 10194148, 1094148, and 10194189. This vacant property presents a compelling investment opportunity for developers seeking a high-exposure location with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $400,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $325,000
- Mixed-Use
- $350,000
- Hospitality
- $425,000
- Educational
- $385,000
- Residential Income
- $380,000
- Energy
- $340,000
- Income-Based Land
- $405,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Central Point
- County
- Jackson
- State
- Oregon
- Longitude
- -122.886
- Latitude
- 42.3905
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
