Mixed-Use Commercial Land
835 Union Avenue Grants Pass, OR 97527
835 Union Avenue, Grants Pass, OR, 97527
$399,000
For Sale
$399,000
General Commercial (GC) land with direct Allen Creek frontage and an on-site 1,440 SF shop building.
Property Size1,440 SF
Lot Size2.02 Acres
Price / SF$277.08
Days on Market393
Property Features for 835 Union Avenue
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 2.02 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1986
Listing agency
John L. Scott Medford
(541) 660-5111
Listed by
Martin Outdoor Property Group · License #200706071
(541) 660-5111
Source
Xome
Added: Jun 24, 2025 Updated: Jul 20 at 11:21PM Checked: Jul 21 at 3:09AM
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 John L. Scott Medford
Investment Insights
Based on property information with market context.
This for-sale commercial parcel includes an existing 1,440 SF shop building and a site area of 2.02 acres. The property offers frontage on scenic Allen Creek and includes direct access to the Allen Creek Trail, supporting on-site convenience for a variety of commercial uses during and after development.
Zoned General Commercial (GC), the site is described as supporting a wide range of commercial uses, including retail, office, and multifamily mixed-use. The listing also notes direct access to the Allen Creek Trail and substantial frontage, which can be relevant for businesses looking to serve both motorists and pedestrians.
With an on-site structure already available for use while plans are underway, this property presents an option for buyers seeking a development-ready site with immediate utility.
Zoned General Commercial (GC), the site is described as supporting a wide range of commercial uses, including retail, office, and multifamily mixed-use. The listing also notes direct access to the Allen Creek Trail and substantial frontage, which can be relevant for businesses looking to serve both motorists and pedestrians.
With an on-site structure already available for use while plans are underway, this property presents an option for buyers seeking a development-ready site with immediate utility.
Key Highlights
- 2.02‑acre General Commercial (GC) parcel in the Redwood area of Grants Pass
- Just over 600 ft of frontage on Allen Creek with creek access
- Direct access to the Allen Creek Trail
Local Financial Insights For Healthcare Medical
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 | $32.0k | $22.20 |
| − Vacancy | −$3.4k | −$2.33 |
| EGI | $28.6k | $19.87 |
| − OpEx | −$11.4k | −$7.95 |
| NOI | $17.2k | $11.92 |
1,440 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$245.2K
$214.6K – $286.1K
NOI $17,167 @ 7.0% cap · market cap 4.30%
Second Best
Office B
$234.6K
$205.3K – $273.7K
NOI $16,420 @ 7.0% cap · market cap 4.12%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - General Commercial (GC) land with direct Allen Creek frontage and an on-site 1,440 SF shop building.
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: 2.02‑acre General Commercial (GC) parcel in the Redwood area of Grants Pass; Just over 600 ft of frontage on Allen Creek with creek access; Direct access to the Allen Creek Trail
