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    481 California St Grants Pass, OR 97526

    For Sale
    Contact for pricing

    44,034 SF Flex Office, Divisible

    Property size:
    20,272 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 44,034 square foot office building at 481 California Street in Grants Pass, Oregon, presents a unique investment opportunity. Built in 1982 and renovated in 1990, this single-story Class C property sits on a generous 5.59-acre lot and is zoned CLI - Community Light Industrial (Josephine County). The flexible layout allows for division into east and west sections, each accessible via a shared central area. The space boasts multiple private offices, a conference room, and dedicated lab/shop space, catering to diverse business needs. The property offers convenient loading capabilities, a significant advantage for businesses requiring efficient material handling. Its strategic location provides easy access to the I-5 corridor, enhancing its appeal to a wide range of potential tenants. The total square footage ranges from 20,272 to 44,034 square feet, offering scalability to suit various business sizes. This property is ideally suited for creative office and medical office uses. The building's adaptable design and prime location make it an attractive prospect for businesses seeking a functional and accessible workspace in Grants Pass. The property's size and zoning provide significant flexibility for future development or expansion. This is a rare opportunity to acquire a substantial and versatile commercial property in a thriving Oregon community. The zip code is 97526.

    Property Features for 481 California St

    General Information

    Property type
    Medical offices
    Square Feet
    20,272 SF
    Class
    C
    Lot Size
    243,500 SF

    Building Details

    Year Built/Renovated
    1982/1990
    Stories
    1

    HighLights

    • 44,034 SF single‑story office building on a 5.59‑acre lot in Grants Pass, OR.
    • Built in 1982, renovated in 1990 (Class C).
    • CLI (Community Light Industrial) zoning in Josephine County.
    • Flexible layout divisible into east and west sections with shared central area; includes private offices, conference room, and lab/shop space.
    • Convenient loading capabilities and I‑5 access.
    • 20,272 - 44,034 SF adaptable space, ideal for creative or medical office uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.36556411849
    Latitude
    42.500399912474

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    FAQs

    What type of property is this?
    Medical office - 44,034 SF Flex Office, Divisible
    Where is this medical office located?
    The property is located at 481 California St Grants Pass, OR.
    What are key features of this property?
    This property features: 44,034 SF single-story office building on a 5.59-acre lot in Grants Pass, OR.; Built in 1982, renovated in 1990 (Class C).; CLI (Community Light Industrial) zoning in Josephine County.
    Request Owner's contact information
    481 California St Grants Pass, OR 97526
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    481 California St Grants Pass, OR 97526
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