4801 Biddle RdCentral Point, OR 97502

Property Details for 4801 Biddle Rd

Year built

2021

Lot size

1.21 AC

Property size (Sq ft)

13,910 SF

Property type

Office properties

APN

1-1005032

APU

11005032

Description

This exceptional 2,800 square foot office space is situated within a Class A, two-story building constructed in 2018. Located at 4801 Biddle Road #206 in Central Point, Oregon, this property offers a highly visible location with excellent frontage on Biddle Road. The space boasts abundant natural light and tall ceilings, providing a flexible and easily divisible open layout. Currently a warm shell, it's ready for immediate tenant improvements. The second-floor suite is easily accessible via a direct elevator and two staircases. The building features a total of 13,910 square feet across three suites, with 55 total parking spaces available. The 1.21-acre property is zoned C4 and is conveniently located less than half a mile from I-5 access, near Costco, and approximately 1.3 miles from the Rogue Valley International Airport. This versatile space is suitable for various office uses, including medical, traditional, executive, and creative office settings. The property's prime location and modern amenities make it an attractive opportunity for businesses seeking a high-quality, visible, and adaptable workspace. The APN is 11005032, and the Jackson County location offers easy access to major transportation routes and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,741,508

  6.5%

  $2,530,622

  7%

  $2,349,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,564,159

  Geo Method

  $3,564,159

• Alternative Use

  Use

  Valuation

  Residential

  $3,137,972

  Hospitality

  $2,874,365

  Educational

  $2,391,438

  Medical

  $2,473,684

  Retail

  $3,720,015

Location Insight

City

Central Point

County

Jackson

State

Oregon

Latitude

42.3782

Longitude

-122.891

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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