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    101 Mill St Grants Pass, OR 97526

    For Sale
    $1,100,000

    $1.1M, 0.78-acre lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.78-acre commercial property, located at 101 NE Mill Street in Grants Pass, Oregon, presents a unique investment opportunity. Situated directly adjacent to a Home Depot, this high-traffic location boasts unparalleled visibility and accessibility. The property includes a newly constructed (2023) 857 square foot building, ideally suited for a drive-thru business. The building is equipped with two drive-thru windows, an office, a restroom, and ample space for food preparation or other commercial operations. Currently operating as a drive-thru coffee shop, the property's versatile design allows for a variety of potential uses. The building is prepped for natural gas, offering cost-effective utility options. The asking price for this exceptional property is $1,100,000. Its prime location, modern building, and established infrastructure make it an attractive investment for entrepreneurs seeking a thriving business environment in Grants Pass, Oregon. The property's zip code is 97526, and it is located in Josephine County. This is a rare opportunity to acquire a turn-key commercial property in a high-demand area.

    Property Features for 101 Mill St

    General Information

    Property type
    Land
    Lot Size
    33,977 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mill St Coffee Coffee Stand Central Oregon & Pacific ... Railroad Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.3165128
    Latitude
    42.4368134

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    FAQs

    What type of property is this?
    Land - $1.1M, 0.78-acre lot, high traffic.
    Where is this land located?
    The property is located at 101 Mill St Grants Pass, OR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    Request Owner's contact information
    101 Mill 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
    101 Mill St Grants Pass, OR 97526
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