New Flex Space with Overhead
For Sale
Contact for pricing
839 Rogue River Hwy #B, Grants Pass, OR 97527
Under-construction commercial suite with open shop space, private office, restroom, and General Commercial zoning.
Property Size1,440 SF
Days on Market48
Property Features for 839 Rogue River Hwy #B
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Commercial
Building Details
Year Built
2026
Listing Agency:
John L Scott Real Estate Grants Pass
(541) 476-1299
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 16 at 8:33AM
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 Real Estate Grants Pass
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Investment Insights
Based on property information with market context.
Suite B is a 1,440-square-foot flex space under construction at 839 Rogue River Hwy in Grants Pass, Oregon. Planned improvements include a broad open retail or shop area with full-height interior volume extending to the upper roofline, plus a private office, restroom, and 12' x 14' overhead door. The building is scheduled for completion in 2026.
General Commercial zoning supports a range of potential uses. Planned site work includes new parking, landscaping, and ADA-accessible parking. Because construction is underway, the landlord can coordinate on floor plan adjustments, build-out requirements, and finish selections before completion.
General Commercial zoning supports a range of potential uses. Planned site work includes new parking, landscaping, and ADA-accessible parking. Because construction is underway, the landlord can coordinate on floor plan adjustments, build-out requirements, and finish selections before completion.
Key Highlights
- 1,440 SF Suite B flex space currently under construction
- 12' x 14' overhead door serving the planned suite
- Open retail or shop area with full‑height interior volume
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,906
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,120
$178.1K
Cap Rate 7%
$127,229
$127.2K
Cap Rate 9%
$98,956
$99.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$13.7K $9.48/SF
− Vacancy
−$928 −$0.64/SF
EGI
$12.7K $8.84/SF
− OpEx
−$3.8K −$2.65/SF
NOI
$8.9K $6.18/SF
Area
Josephine County, OR
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,120
Cap Rate 7%
$127,229
Cap Rate 9%
$98,956
Alternative Uses
Best Use
Retail
$178.7K
$156.3K – $208.5K
NOI $12,507 @ 7.0% cap · market cap 1,250,700.00%
Second Best
Flex RnD
$169.8K
$148.5K – $198.1K
NOI $11,883 @ 7.0% cap · market cap 1,188,300.00%
Theoretical Best
Office A
$326.5K
$285.7K – $380.9K
NOI $22,855 @ 7.0% cap · market cap 2,285,500.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Under-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction commercial suite with open shop space, private office, restroom, and General Commercial zoning.
Where is this flex space located?
The property is located at 839 Rogue River Hwy #B Grants Pass, OR.
What are key features of this property?
This property features: 1,440 SF Suite B flex space currently under construction; 12' x 14' overhead door serving the planned suite; Open retail or shop area with full‑height interior volume
