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21-29 S Front St

2,660 SF Office Building Central Point, OR 97502 $415,000 ($156/SF) 6.50% Cap Rate

Executive Summary

This property is perfect for a first-time investor or a 1031 investment expert to fill a need for a replacement property in their exchange requirement. This property is offered at $415,000 or $156+/- per square foot generating approximately 6.25% CAP rate on a cash purchase
basis before cost segregation tax benefit

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
2,660 SF
Building Class
C
Year Built
1975
Price
$415,000
Price Per SF
$156
Cap Rate
6.50%
NOI
$26,975
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,660 SF
Building FAR
0.29
Land Acres
0.21 AC
Zoning
TOD-EC
Parking
11 Spaces (4.14 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10141617
Land Assessment
$94,450
Improvements Assessment
$150,880
Total Assessment
$245,330
  • Listing ID: 27759266

  • Date on Market: 2/15/2023

  • Last Updated:

  • Address: 21-29 S Front St, Central Point, OR 97502

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