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    444 Union Ave Grants Pass, OR 97527

    Sponsored
    For Sale
    $1,067,000

    Prime location, high traffic, development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.98-acre commercial development site, located at 444 Union Ave (TL 1600) in Grants Pass, Oregon (APN R313538), presents a unique investment opportunity. Situated in a desirable growth area at a highly visible, lighted intersection, this property boasts one of the highest traffic counts in Grants Pass, benefiting from excellent Redwood Highway/199 frontage – Southern Oregon's only coastal route. The property enjoys a robust mix of daily, occasional, and travel traffic, ensuring high visibility for any commercial venture. Zoned G-C (General Commercial), this site allows for significant building height, up to 81 feet, providing flexibility for a wide range of commercial uses. While the current listing is for 0.98 acres, up to approximately 5.45 total acres may be available (all or part). This property is offered at $1,067,000. Prospective buyers are responsible for conducting their own due diligence and verifying all representations. The property is owned by Union Properties, LLC and is located in Josephine County, Oregon, zip code 97527. Coordinates are 42.423089 latitude and -123.337168 longitude.

    Property Features for 444 Union Ave

    General Information

    Property type
    Land
    Lot Size
    42,689 SF

    HighLights

    • 0.98‑acre commercial development site in Grants Pass, Oregon, at a high‑traffic, highly visible intersection on Redwood Highway/199.
    • Zoned G‑C (General Commercial), allowing for up to 81 feet of building height.
    • Up to 5.45 total acres may be available.
    • Offered at $1,067,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.337168
    Latitude
    42.423089

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    FAQs

    What type of property is this?
    Land - Prime location, high traffic, development site.
    Where is this land located?
    The property is located at 444 Union Ave Grants Pass, OR.
    What is the asking price?
    The asking price for this property is $1,067,000.
    What are key features of this property?
    This property features: 0.98-acre commercial development site in Grants Pass, Oregon, at a high-traffic, highly visible intersection on Redwood Highway/199.; Zoned G-C (General Commercial), allowing for up to 81 feet of building height.; Up to 5.45 total acres may be available.
    Request Owner's contact information
    444 Union Ave Grants Pass, OR 97527
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    Grants Pass, OR 97527
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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
    444 Union Ave Grants Pass, OR 97527
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