Multi-Parcel Industrial Flex
1559 Dowell Road Grants Pass, OR 97527
1559 Dowell Road, Grants Pass, OR, 97527
$2,100,000
For Sale
$2,100,000
Multi-parcel industrial/retail property formerly used as a showroom and distribution center for a masonry and stone provider.
Property Size30,602 SF
Price / SF$68.62
Days on Market99
Property Features for 1559 Dowell Road
General Information
- Standard status
- Active
- Size
- 30,602 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1980
Listing agency
Prime-Sean Ward Properties
(541) 441-1140
Listed by
Sean Ward
(541) 441-1140
Source
Xome
Added: Apr 15 Updated: Jul 22 at 3:45AM Checked: Jul 22 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime-Sean Ward Properties
Investment Insights
Based on property information with market context.
This multi-parcel industrial/retail site spans 3.04 acres and is offered for sale. The property has been described as having served as both a showroom and a distribution center for a masonry and stone provider. Its warehouse/flex-use profile can support a variety of commercial operations where an industrial layout and former distribution functionality are relevant.
The offering is located at 1559 Dowell Road in Grants Pass, Oregon. Specific details on building configuration, outdoor improvements, and current leasing or occupancy status are not provided in the available materials, and should be confirmed during due diligence.
With its prior showroom and distribution center use and its multi-parcel nature, this property may appeal to buyers looking for a flexible industrial site. Buyers should verify all operational and site-development attributes directly with the seller and through inspection.
The offering is located at 1559 Dowell Road in Grants Pass, Oregon. Specific details on building configuration, outdoor improvements, and current leasing or occupancy status are not provided in the available materials, and should be confirmed during due diligence.
With its prior showroom and distribution center use and its multi-parcel nature, this property may appeal to buyers looking for a flexible industrial site. Buyers should verify all operational and site-development attributes directly with the seller and through inspection.
Key Highlights
- Multi‑parcel industrial/retail property formerly used as a showroom and distribution center for a masonry and stone provider
- 3.04‑acre lot with industrial/retail use potential for outdoor display and logistics (per former use described)
- Year built: 1980
Local Financial Insights For Industrial
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 | $290.1k | $9.48 |
| − Vacancy | −$19.7k | −$0.64 |
| EGI | $270.4k | $8.84 |
| − OpEx | −$81.1k | −$2.65 |
| NOI | $189.3k | $6.18 |
30,602 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$3.61M
$3.16M – $4.21M
NOI $252,540 @ 7.0% cap · market cap 12.03%
Second Best
Warehouse
$3.28M
$2.87M – $3.83M
NOI $229,823 @ 7.0% cap · market cap 10.94%
Theoretical Best
Office A
$6.94M
$6.07M – $8.10M
NOI $485,705 @ 7.0% cap · market cap 23.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cascade Block
Big Box & Wholesale Store
Willamette Graystone
Building Supply
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-parcel industrial/retail property formerly used as a showroom and distribution center for a masonry and stone provider.
Where is this flex space located?
The property is located at 1559 Dowell Road Grants Pass, OR.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Multi‑parcel industrial/retail property formerly used as a showroom and distribution center for a masonry and stone provider; 3.04‑acre lot with industrial/retail use potential for outdoor display and logistics (per former use described); Year built: 1980
