0 Ramsey Ave, Grants Pass, OR 97527
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.