$349,000 6,770 SF

55 S 2Nd St, Central Point, OR 97502
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An office suite designed for leasing in Central Point, situated just off Front Street. The suite is approximately 908 square feet and includes a lobby area, one bathroom, two private office rooms, a storage room, and an open space room. The interior layout combines an entry/support area with both enclosed offices and an open work area, supported by substantial natural light. The building provides on-site parking for visitors and staff, and the leasing structure is described as a gross lease.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$9k

Tax billed · 2023

Assessed value$546k

Assessed land$181k

Assessed improvement$365k

Effective rate1.62%

Value estimate

· Oct 2026

$290k

$261k – $319k

Submarket $/SF estimate$705k

NOI build-up

Gross scheduled income$23k

Vacancy & credit loss−$2k

Operating expenses−$6k

NOI · 4.25% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$253/SF

Submarket average, outlier-cleaned · 21 recorded sales of this use type

Observed band · Q1–Q3$88 – $317

Cap rate analysis

How does the asset earn?

4.25%

$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

HMR

This is the highest density residential zone intended to be near the center of the TOD district. High density forms of multifamily housin...

General categoryCOMMERCIAL

JurisdictionJACKSON

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency25.2

Law Firm24.8

Dental Office18.3

55 S 2Nd St Central Point, OR 97502

County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 12 properties nearby

Address Sale price Sold Size

348 Oak, Central Point, OR 97502-2241 $515,000 Jul 2024 2,250 SF

25 4th, Central Point, OR 97502-2032 $550,000 Aug 2022 2,000 SF

547 Pne, Central Point, OR 97502-2444 $375,000 Feb 2019 13,574 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,760,000

13,574 SF

547 Pne St

MEDICAL BUILDING

547 Pne St, Central Point, OR 97502-2444

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Value Estimation
$310,000

2,423 SF

990 Frnt St

MEDICAL BUILDING

990 Frnt St, Central Point, OR 97502-2727

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Value Estimation
$515,000

2,250 SF

348 Oak St

MEDICAL BUILDING

348 Oak St, Central Point, OR 97502-2241

View Details
Value Estimation
$505,000

2,000 SF

25 4th St

MEDICAL BUILDING

25 4th St, Central Point, OR 97502-2032

View Details
Value Estimation
$2,940,000

31,820 SF

870 Frnt St

MEDICAL BUILDING

870 Frnt St, Central Point, OR 97502-2779

View Details
Value Estimation by Request
6,000 SF

1333 Plaza Blvd

Medical Office Space

1333 Plaza Blvd, Central Point, OR 97502

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55 S 2Nd St Central Point, OR 97502

Property summary