Multi-Building Industrial
2660 NW Vine Street Grants Pass, OR 97526
2660 NW Vine Street, Grants Pass, OR, 97526
$4,350,000
For Sale
$4,350,000
Industrial campus with a large free-span hangar and high-clearance shops plus office and storage space.
Property Size22,000 SF
Lot Size7.80 Acres
Price / SF$197.73
Days on Market41
Property Features for 2660 NW Vine Street
General Information
- Standard status
- Active
- Size
- 22,000 SF
- Lot size
- 7.80 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing agency
RE/MAX Integrity Grants Pass
(541) 955-8483
Listed by
Michael D Masters · License #801004242
Source
Allprofessionalsre
Added: Jun 11 Updated: Jul 21 at 9:04AM Checked: Jul 21 at 9:04AM
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 RE/MAX Integrity Grants Pass
Investment Insights
Based on property information with market context.
This 7.8-acre commercial campus features nearly 22,000 square feet of buildings with offices, high-clearance shops, storage, and a large free-span hangar-style building designed for flexible use. The property is currently operated as a cargo container business, with the owner-occupant able to vacate for an end user. A residence is also included, along with room for future expansion.
The site offers outstanding visibility from I-5 and easy access from the freeway off-ramp. County C-6 zoning allows a wide range of uses, including business park, industrial, manufacturing, warehousing, and entertainment; buyers should verify permitted uses with county planning.
With multiple building types and a hangar-style configuration, the property is suited to operations that benefit from both warehouse space and adaptable interior layouts.
The site offers outstanding visibility from I-5 and easy access from the freeway off-ramp. County C-6 zoning allows a wide range of uses, including business park, industrial, manufacturing, warehousing, and entertainment; buyers should verify permitted uses with county planning.
With multiple building types and a hangar-style configuration, the property is suited to operations that benefit from both warehouse space and adaptable interior layouts.
Key Highlights
- 7.8‑acre commercial property with visibility from I‑5 and easy access from the freeway off‑ramp
- Nearly 22,000 sq. ft. of buildings with offices, high‑clearance shops, storage, and a large free‑span hangar‑style building
- County C‑6 zoning allows a wide range of uses including business park, industrial, manufacturing, warehousing, and entertainment (buyer to verify)
Local Financial Insights For Flex RnD
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 | $303.6k | $13.80 |
| − Vacancy | −$24.3k | −$1.10 |
| EGI | $279.3k | $12.70 |
| − OpEx | −$97.8k | −$4.44 |
| NOI | $181.6k | $8.25 |
22,000 SF · lease $13.80/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.59M
$2.27M – $3.03M
NOI $181,553 @ 7.0% cap · market cap 4.17%
Second Best
Warehouse
$2.36M
$2.07M – $2.75M
NOI $165,221 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$4.99M
$4.36M – $5.82M
NOI $349,177 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Oregon Cargo Containers ...
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial campus with a large free-span hangar and high-clearance shops plus office and storage space.
Where is this flex space located?
The property is located at 2660 NW Vine Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 7.8‑acre commercial property with visibility from I‑5 and easy access from the freeway off‑ramp; Nearly 22,000 sq. ft. of buildings with offices, high‑clearance shops, storage, and a large free‑span hangar‑style building; County C‑6 zoning allows a wide range of uses including business park, industrial, manufacturing, warehousing, and entertainment (buyer to verify)
