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4702 Industry Dr - Opportunity Zoned Comm-Central Point, OR. 0.95 Acres of Industrial Land Offered at $450,000 in Central Point, OR 97502
EXECUTIVE SUMMARY
So much development potential on this prime Opportunity Zone Commercial Property nestled near the Rogue Valley International Airport on Vilas Road. Expansive corner parcel, spanning almost 1 acre, within a thriving industrial location, surrounded by flourishing businesses. Convenient proximity to the new expressway and airport. Utilities on-site or close by.
Designated in an active Opportunity Zone, presenting a valuable tool for economic development. Investors stand to benefit, as these zones often allow deferral, reduction, or elimination of taxes on unrealized capital gains.
For those considering ownership, the owner may entertain an appealing option—considering an owner carry with 50% down, short term (36 months), and a 6% interest-only arrangement with a balloon payment. It's a unique opportunity for savvy investors.
Buyers are encouraged to independently verify all listing information and do their own due diligence.
For your convenience, follow the directions: From Crater Lake Hwy, make a turn onto East Vilas Road, then proceed left onto Industry Drive. Explore this promising property and seize the potential it holds.
Designated in an active Opportunity Zone, presenting a valuable tool for economic development. Investors stand to benefit, as these zones often allow deferral, reduction, or elimination of taxes on unrealized capital gains.
For those considering ownership, the owner may entertain an appealing option—considering an owner carry with 50% down, short term (36 months), and a 6% interest-only arrangement with a balloon payment. It's a unique opportunity for savvy investors.
Buyers are encouraged to independently verify all listing information and do their own due diligence.
For your convenience, follow the directions: From Crater Lake Hwy, make a turn onto East Vilas Road, then proceed left onto Industry Drive. Explore this promising property and seize the potential it holds.
PROPERTY FACTS
| Price | $450,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.95 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Zoning | Medford I-L - Contact Listing Broker, Tony Nunes (541)840-0342 for zoning information | ||
| Price | $450,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 0.95 AC |
| Opportunity Zone |
Yes |
| Zoning | Medford I-L - Contact Listing Broker, Tony Nunes (541)840-0342 for zoning information |
1 LOT AVAILABLE
Lot
| Price | $450,000 | Lot Size | 0.95 AC |
| Price Per AC | $473,684.21 |
| Price | $450,000 |
| Price Per AC | $473,684.21 |
| Lot Size | 0.95 AC |
CENTRAL POINT, OR.- Opportunity Zone .95 acre, near airport on Vilas Road in thriving industrial area, close to expressway. Utilities on-site. Tax benefits in active Opportunity Zone. Owner may consider carrying with acceptable terms.
DESCRIPTION
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, Rouge Valley International airport and centrally located.
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4702 Industry Dr - Opportunity Zoned Comm-Central Point, OR.
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