0 Walker Rd, Grants Pass, OR 97527
This exceptional 81.55-acre property in Josephine County, Oregon, presents a unique investment opportunity. Located at 0 Walker Road, Grants Pass, OR 97527 (42.400138, -123.319961), this land is zoned for an exclusive rural residential subdivision, offering significant development potential. The gently sloping terrain of Cathedral Hills provides stunning views of a private valley, while its proximity to Grants Pass ensures easy access to amenities. Enjoy the benefits of a thriving Southern Oregon community, including a developing wine region, niche agriculture, and a strong small-town culture. The property's location offers convenient access to I-5, the Grants Pass Country Club, Asante hospital, schools, and entertainment. Outdoor enthusiasts will appreciate the abundance of recreational opportunities, with thousands of acres of public lands, hiking trails, and nearby attractions such as Crater Lake National Park and the Rogue River. This versatile land is also ideal for hunting and timber operations, making it a truly multifaceted investment. The property's strategic location and diverse potential uses make it an attractive proposition for discerning investors seeking a blend of development potential and recreational enjoyment in a desirable location. The asking price is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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