Grants Pass Commercial Development
835 union Avenue Grants Pass, OR 97527
For Sale
$399,000
COMMERCIAL - Grants Pass, OR
Property Size1,440 SF
Lot Size2.02 Acres
Price / SF$277.08
Days on Market364
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 Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Martin Outdoor Property Group · License #200706071
(541) 660-5111
Added: Aug 1, 2025
Changed: Apr 15
Last Checked: Jul 30 at 9:06AM
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.
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
NOI $16,420 @ 7.0% cap · market cap 4.12%
Second Best
Mixed Use
$184.5K
$161.5K – $215.3K
NOI $12,917 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$326.5K
$285.7K – $380.9K
NOI $22,855 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
