4702 Industry Dr Central Point, OR 97502
Estimated payment $2,713/month
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. Close to the new Pepsi, Amazon and City of Medford Center.
Copyright © 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Tony Nunes
Listed on: 01/04/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,663
Lot Details
- Current uses include commercial
- Potential uses include for development
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,663 | $183,620 | $183,620 | -- |
| 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 |
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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lawyers Title Ins | |
| Warranty Deed | -- | Lawyers Title Ins | |
| Warranty Deed | $150,000 | Lawyers Title Insurance Corp | |
| Warranty Deed | $150,000 | Lawyers Title Insurance Corp |
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