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Grants Pass Commercial Development Opportunity

835 union Avenue Grants Pass, OR 97527

835 union Avenue, Grants Pass, OR, 97527
$399,000
For Sale
Claim this Listing
$399,000

COMMERCIAL - Grants Pass, OR

Property Size1,440 SF
Lot Size2.02 Acres
Price / SF$277.08
AddedAug 1, 2025
Days on Market349
Last RefreshJul 15 at 4:06 am

Property Features for 835 union Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway
Standard status
Active
APN
R4004315
Size
1,440 SF
Lot size
2.02 Acres

Taxes and HOA fees

Tax Year
2025

Utilities

Sewer type
Public Sewer
Water source
Public
Water front features
Creek
Water front
1

Building Details

Year built
1986
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Frame
Roof type
Metal

Listing agent Martin Outdoor Property Group License #200706071

Listing office John L. Scott Medford 871 Medford Center, Medford, OR

Listing date Aug 1, 2025

MLS# 220207054

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 2.02-acre commercial parcel presents a development opportunity in Grants Pass, situated in the Redwood area, minutes from Asante Three Rivers Medical Center. The property has over 600 feet of frontage on Allen Creek and direct access to the Allen Creek Trail. Zoned General Commercial (GC), the site supports a range of commercial uses, including retail, office, and multifamily mixed-use. A 1,440 square foot shop building on site is suitable for contractors, trades, storage, or interim workspace while development plans are underway. The location offers visibility and connectivity, making it suitable for medical, professional, or service-oriented commercial ventures.

Key Highlights

  • Prime location in a high‑growth corridor of Grants Pass, near Asante Three Rivers Medical Center.
  • 2.02‑acre parcel zoned General Commercial (GC) supporting diverse commercial uses (retail, office, multifamily mixed‑use).
  • Over 600 feet of frontage on scenic Allen Creek and direct access to the Allen Creek Trail.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.2k $16.80
− Vacancy −$2.3k −$1.60
EGI $21.9k $15.20
− OpEx −$5.5k −$3.80
NOI $16.4k $11.40
1,440 SF · lease $16.80/SF/yr · vacancy 9.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$234.6K
$205.3K – $273.7K (±1% cap)
NOI $16,420 @ 7.0% cap · market cap 4.12%
Second Best
Mixed Use
$184.5K
$161.5K – $215.3K (±1% cap)
NOI $12,917 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$326.5K
$285.7K – $380.9K (±1% cap)
NOI $22,855 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Hair Salon HVAC Service Electrical Service Skin Care Clinic Parking Lot & Garage Nail Salon Kitchen & Bath Showroom Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 2.02-acre commercial parcel in a strategic growth corridor.
Where is this commercial land located?
The property is located at 835 union Avenue Grants Pass, OR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime location in a high‑growth corridor of Grants Pass, near Asante Three Rivers Medical Center.; 2.02‑acre parcel zoned General Commercial (GC) supporting diverse commercial uses (retail, office, multifamily mixed‑use).; Over 600 feet of frontage on scenic Allen Creek and direct access to the Allen Creek Trail.
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