835 union Avenue Grants Pass, OR 97527
COMMERCIAL - Grants Pass, OR
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 (541) 660-5111
Listing office John L. Scott Medford 871 Medford Center, Medford, OR (541) 779-3611
Listing date Aug 1, 2025
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Investment Insights
Based on property information with market context.
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 |