$450,000
$1K PRICE INCREASE

4702 Industry Dr Central Point, OR 97502

Estimated payment $2,722/month

Total Views 16,150
0.95 Acre
$473,684 Price per Acre
41,382 Sq Ft Lot

Highlights

  • Territorial View
  • No HOA
  • Level Lot

About This Lot

This Opportunity Zone Commercial Property has many potential uses. This corner parcel is located close to the airport off Vilas Road. This industrial area has many other commercial businesses and is almost 1 acre of land. Close to the new expressway, airport and centrally located. Utilities are close by or on the property. Opportunity Zones are a tool for economic development. They usually allow investors to defer, reduce, or eliminate taxes on their unrealized capital gains. Current information shows this parcel located in an active opportunity zone.
On approved credit owner may consider an owner carry with 50% down, short term 36 month, 6% interest-only with balloon.
Listing agent is a licensed Oregon real estate broker and is related to the Seller's. Buyer to do their own due diligence to confirm all listing information.

Listing Agent

Tony Nunes

Coldwell Banker Holman Premier License #201204263

Coldwell Banker Holman Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,519

Lot Details

  • 0.95 Acre Lot
  • Level Lot
  • Property is zoned Medford-I-L, Medford-I-L

Property Views

  • Territorial Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Vilas Industrial Park Phase One Subdivision

Listing and Financial Details

  • Tax Lot 1213
  • Assessor Parcel Number 109442263

Property Details

Property Type

Land

Est. Annual Taxes

$2,519

Lot Details

0

Listing Details

  • Directions: From Crater Lake Hwy turn on to east Vilas Road and then left on to Industry Drive.
  • Garage Yn: No
  • Lot Size Acres: 0.95
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Subdivision Name: Vilas Industrial Park Phase One
  • Co List Office Phone: 541-884-1343
  • MLS Status: Active
  • General Property Information:Zoning2: Medford-I-L
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1213
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • View: Territorial
  • Fencing: None
  • Horse: No
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 41382.0
  • Parcel #: 109442263
  • Irrigation Water Rights: No
  • Current Use: Commercial
  • ResoLotSizeUnits: Acres
  • Zoning Description: Medford-I-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2518.53
  • Tax Lot: 1213
  • Tax Map Number: 371W06BA01213
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,663 $178,280 $178,280 --
2023 $2,581 $173,090 $173,090 $0
2022 $2,519 $173,090 $173,090 $0
2021 $2,453 $168,050 $168,050 $0
2020 $2,402 $163,160 $163,160 $0
2019 $2,345 $153,800 $153,800 $0
2018 $2,285 $149,330 $149,330 $0
2017 $2,244 $149,330 $149,330 $0
2016 $2,258 $140,770 $140,770 $0
2015 $2,171 $140,770 $140,770 $0
2014 $2,133 $132,690 $132,690 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Price Changed $450,000 +7.4% --
10/09/2024 10/09/24 For Sale $419,000 0.0% --
10/03/2024 10/03/24 Off Market $419,000 -- --
06/03/2024 06/03/24 Price Changed $419,000 -6.7% --
01/03/2024 01/03/24 For Sale $449,000 +259.2% --
11/06/2020 11/06/20 Sold $125,000 -37.2% --
11/06/2020 11/06/20 Pending -- -- --
03/30/2018 03/30/18 For Sale $199,000 -- --
Source: Southern Oregon MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Lawyers Title Ins
Warranty Deed $150,000 Lawyers Title Insurance Corp
Source: Public Records

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Source: Southern Oregon MLS

MLS Number: 220175383

Southern Oregon MLS

APN: 10944263