You can construct a point a specified distance from any input feature.
To construct an offset point:
Access the Construct Point dialog box (Insert | Feature | Constructed | Point).
Select the Offset Point option from the Method list.
Select a feature from which to create the offset point.
Enter the offset values in the X offset, Y offset, and Z offset boxes as necessary to create an offset from the origin. To create an offset point relative to a particular feature, select the desired feature and type the values in the X offset, Y offset, and Z offset boxes.
To change the feature theoreticals values, click the Specify theos check box in the Feature Theoreticals section and update the X, Y, Z, I, J, and K values as necessary.
Click the Create button.