700-715 Dimmick St Grants Pass, OR 97526
This exceptional 6.32-acre development portfolio in Grants Pass, Oregon, presents a unique redevelopment opportunity. The property comprises three buildings totaling 28,305 square feet, situated on two distinct parcels. Building one, a substantial concrete structure, currently houses Josephine County's Health Services Department and features ample parking (59 public spaces, 6 handicap accessible, and approximately 30 gated/private spaces). Building two, a clean and efficient two-story concrete building, houses the County Planning Department and boasts abundant parking, skylights, and mountain views. Both buildings are fully usable in their current condition. The property is zoned R-4 and R-1-6, making it ideally suited for higher-density residential development, such as townhomes, cottage clusters, or multifamily housing. The property's location within a residential area offers a desirable setting for a new project. Built in 1963 and 1980, the buildings offer a blend of existing infrastructure and potential for significant expansion. The asking price for this entire 4-unit portfolio is $3,600,000. The buyer is responsible for all due diligence, including environmental assessments, use permits, legal compliance, site planning, zoning approvals, and any necessary demolition. This is a prime opportunity for an entrepreneurial developer seeking a dynamic and desirable project in a thriving Oregon community.
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.
Costs & Benchmarks
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.