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    700-715 Dimmick St Grants Pass, OR 97526

    Sponsored
    For Sale
    $3,600,000

    6.32-acre redevelopment opportunity

    Property size:
    28,305 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.32-acre development portfolio in Grants Pass, Oregon, presents a unique redevelopment opportunity. The property comprises three buildings totaling 28,305 square feet, situated on two distinct parcels. Building one, a substantial concrete structure, currently houses Josephine County's Health Services Department and features ample parking (59 public spaces, 6 handicap accessible, and approximately 30 gated/private spaces). Building two, a clean and efficient two-story concrete building, houses the County Planning Department and boasts abundant parking, skylights, and mountain views. Both buildings are fully usable in their current condition. The property is zoned R-4 and R-1-6, making it ideally suited for higher-density residential development, such as townhomes, cottage clusters, or multifamily housing. The property's location within a residential area offers a desirable setting for a new project. Built in 1963 and 1980, the buildings offer a blend of existing infrastructure and potential for significant expansion. The asking price for this entire 4-unit portfolio is $3,600,000. The buyer is responsible for all due diligence, including environmental assessments, use permits, legal compliance, site planning, zoning approvals, and any necessary demolition. This is a prime opportunity for an entrepreneurial developer seeking a dynamic and desirable project in a thriving Oregon community.

    Property Features for 700-715 Dimmick St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    28,305 SF
    Lot Size
    275,299 SF

    Building Details

    Buildings
    3
    Stories
    2
    Units
    4

    HighLights

    • $3,600,000 asking price for redevelopment of a 6.32‑acre site.
    • 28,305 square feet across three buildings with four units.
    • Buildings constructed in 1963 and 1980, totaling two stories.
    • R‑4 and R‑1‑6 permitted zoning in Grants Pass, Oregon.
    • Located at 700‑715 Northwest Dimmick Street, Grants Pass, OR 97526 (APN: R311000).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.33262924232
    Latitude
    42.447161385505

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    FAQs

    What type of property is this?
    Office Property / Space - 6.32-acre redevelopment opportunity
    Where is this office property / space located?
    The property is located at 700-715 Dimmick St Grants Pass, OR.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: $3,600,000 asking price for redevelopment of a 6.32-acre site.; 28,305 square feet across three buildings with four units.; Buildings constructed in 1963 and 1980, totaling two stories.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700-715 Dimmick St Grants Pass, OR 97526
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