Flexible Medical Office
1879 Williams Highway, Grants Pass, OR 97527
For Sale
$3,400,000
Asante occupies the purpose-built clinic, with exam rooms, patient reception, and office areas.
Property Size10,000 SF
Price / SF$340
Days on Market347
Property Features for 1879 Williams Highway
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Tenant in Place
Property Use
Medical Specialty
Taxes and HOA fees
Annual Taxes
Amenities
common area landscaping
walkways
Building Details
Building Size
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
Merit Commercial RE, LLC
(541) 608-6704
Listed By:
Caspian C Hoehne · License OR #201234073
(541) 200-3060
Source:
Kendonleet
Added: Dec 2, 2025
Changed: Nov 12
Last Checked: Nov 13 at 1:48AM
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 Merit Commercial RE, LLC
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Investment Insights
Based on property information with market context.
Built in 2007, this 10,000-square-foot medical office property is leased to Asante. Its layout includes a reception and waiting area, triage and standard exam rooms, plus private and open office space. The facility has served both oncology and primary care clinic functions. GC zoning is in place.
At 1879 Williams Highway in Grants Pass, the property is positioned off an arterial reporting 17k+ VPD. Shared parking, landscaped common areas, and pedestrian walkways serve the commercial center; a coffee and cafe drive-through is adjacent.
At 1879 Williams Highway in Grants Pass, the property is positioned off an arterial reporting 17k+ VPD. Shared parking, landscaped common areas, and pedestrian walkways serve the commercial center; a coffee and cafe drive-through is adjacent.
Key Highlights
- 10,000 SF medical office property built in 2007
- Leased to Asante as a single‑tenant medical office property
- Interior includes reception and waiting space, triage and conventional exam rooms, and private and open offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,214
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,384,280
$2.4M
Cap Rate 7%
$1,703,057
$1.7M
Cap Rate 9%
$1,324,600
$1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$222.0K $22.20/SF
− Vacancy
−$23.3K −$2.33/SF
EGI
$198.7K $19.87/SF
− OpEx
−$79.5K −$7.95/SF
NOI
$119.2K $11.92/SF
Area
Josephine County, OR
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,384,280
Cap Rate 7%
$1,703,057
Cap Rate 9%
$1,324,600
Alternative Uses
Best Use
Healthcare Medical
$1.70M
$1.49M – $1.99M
NOI $119,214 @ 7.0% cap · market cap 3.51%
Second Best
Office B
$1.63M
$1.43M – $1.90M
NOI $114,030 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$2.27M
$1.98M – $2.65M
NOI $158,717 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97527, OR
36,358
Population
15,481
Households
2.3
Avg Household Size
49
Median Age
19%
College-Educated
90%
High-School Grad
219.8 sq mi
ZIP Area
165
Density / Sq Mi
$66,396
Median Household Income
$35,825
Median Earnings
$1,350
Median Rent
$408,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Asante occupies the purpose-built clinic, with exam rooms, patient reception, and office areas.
Where is this medical office space located?
The property is located at 1879 Williams Highway Grants Pass, OR.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 10,000 SF medical office property built in 2007; Leased to Asante as a single‑tenant medical office property; Interior includes reception and waiting space, triage and conventional exam rooms, and private and open offices
