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    OFF-MARKET
    Land

    0 Ramsey Ave, Grants Pass, OR 97527

    1.96 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.96-acre commercial land parcel in Grants Pass, Oregon (97527), is zoned R-4-1 and offers significant development potential. Located on SW Ramsey Ave, it boasts excellent site identity, situated directly across from Asante medical facilities within the Three Rivers Medical Overlay District. While medical uses are prevalent in the immediate area, the high-density zoning allows for a range of commercial possibilities. The property includes easements for a canal and pedestrian/bike path along the south and east boundaries, resulting in a buildable area of approximately one acre. Detailed easement and map information is available upon request. Currently priced at $880,000, this represents a significant discount compared to the assessed market value of $996,180. Its proximity to Asante facilities and business parks makes this an attractive investment opportunity for developers seeking a strategic location in a thriving medical corridor. The property's high-density zoning and prime location near established medical infrastructure present a compelling case for a variety of commercial developments.

    Property profile
    Verified
    Property type Land
    Lot 1.96 ac (85,378 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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