Property profile

6301 Crater Lk Hwy Central Point, OR 97502

OFF-MARKET
Commercial real estate
Property ID
US71-0697000
10 ac lot
Entity Owned 29-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 6301 Crater Lake Highway in Central Point, Oregon, presents a significant investment opportunity. The 26,500 square foot building, constructed in 2008, sits on a spacious 10-acre lot and boasts a two-story design. The asking price is $10,500,000, translating to a price per square foot of $396. The property includes ample parking with 10 designated spaces. Its strategic location in Jackson County, Oregon, within the 97502 zip code, offers excellent visibility and accessibility for businesses. The building's substantial size and prime location make it ideal for a variety of retail uses, providing significant potential for growth and return on investment. The property's 2008 construction ensures modern amenities and efficient layouts, minimizing the need for extensive renovations. The expansive lot size offers considerable flexibility for future expansion or development. This is a rare opportunity to acquire a well-established retail center in a thriving Oregon market. The property's size, location, and modern construction combine to create a compelling investment proposition. This offering represents a unique chance to secure a high-value retail asset with significant long-term potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10 ac (435,600 SF)
Zoning code I-L
APN 1-0180635
UPID US71-0697000

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
  • Construction Company General Contractor

Location

6301 Crater Lk Hwy Central Point, OR 97502-8408
Central Point metro Census 1301 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 1997
2 recorded transactions
1997
Price N/A
1990
Price N/A

Zoning & alternative use

I-L · Central Point, OR

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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