Detached Garage and Manufactured
4618 Redwood Avenue Grants Pass, OR 97527
New
4618 Redwood Avenue, Grants Pass, OR, 97527
$330,000
For Sale
$330,000
COMMERCIAL - Grants Pass, OR
Property Size1,918 SF
Lot Size1.79 Acres
Price / SF$172.05
Days on Market2
Property Features for 4618 Redwood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- RV
- Interior features
- Laminate Counters
- Standard status
- Active
- APN
- R320502
- Size
- 1,918 SF
- Lot size
- 1.79 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 832
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Wood, Forced Air
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Well, Private
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Concrete, Carpet
- Building materials
- Frame
- Roof type
- Metal, Composition
Listing agency
Keller Williams Realty GP Branch
(541) 608-0447
Listed by
Charley Waddington · License #200203279
(541) 659-9072
Added: Jul 20 Updated: Jul 21 at 1:47PM Checked: Jul 21 at 7:06PM
MLS# 220225689
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 property includes a detached garage/shop with a bathroom and two bay sliding doors, with a stated approximate size of 1,008 square feet. Also on site is a 1976 manufactured home with two bedrooms and one bathroom, stated approximate size of 910 square feet, which has been well cared for and is currently rented. The property is configured on one tax lot but has two addresses: 4618 for the garage/shop and 4620 for the manufactured home.
The site is described as corner, at street level, with rural commercial zoning that allows for commercial uses along with a residential dwelling on the property. The parcel totals 1.79 acres and includes a private well, two septic systems, and three electric meters. A partial paved driveway serves the manufactured home.
Interested buyers should complete their own due diligence regarding their intended uses of the property. County approval for two prior manufactured homes is referenced in the remarks, with one removed before the current owner’s purchase.
The site is described as corner, at street level, with rural commercial zoning that allows for commercial uses along with a residential dwelling on the property. The parcel totals 1.79 acres and includes a private well, two septic systems, and three electric meters. A partial paved driveway serves the manufactured home.
Interested buyers should complete their own due diligence regarding their intended uses of the property. County approval for two prior manufactured homes is referenced in the remarks, with one removed before the current owner’s purchase.
Key Highlights
- 1.79‑acre corner property zoned rural commercial with options for commercial uses and a residential dwelling.
- Detached garage/business/shop/workshop approx. 1,008 SF with a bathroom and two bays with bay‑sliding doors.
- 1976 manufactured home approx. 910 SF with 2 bedrooms, 1 bathroom.
Local Financial Insights For Apartment 5plus
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 | $27.6k | $14.40 |
| − Vacancy | −$1.3k | −$0.69 |
| EGI | $26.3k | $13.71 |
| − OpEx | −$11.8k | −$6.17 |
| NOI | $14.5k | $7.54 |
1,918 SF · lease $14.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$206.6K
$180.8K – $241.0K
NOI $14,461 @ 7.0% cap · market cap 4.38%
Second Best
Warehouse
$205.8K
$180.1K – $240.1K
NOI $14,404 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$434.9K
$380.5K – $507.4K
NOI $30,442 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Detached garage/shop with two sliding bays and bathroom, plus a rented manufactured home on a 1.79-acre corner parcel.
Where is this warehouse located?
The property is located at 4618 Redwood Avenue Grants Pass, OR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1.79‑acre corner property zoned rural commercial with options for commercial uses and a residential dwelling.; Detached garage/business/shop/workshop approx. 1,008 SF with a bathroom and two bays with bay‑sliding doors.; 1976 manufactured home approx. 910 SF with 2 bedrooms, 1 bathroom.
