1007 K St Grants Pass, OR 97526
Exceptional investment opportunity in Grants Pass, Oregon. This 1.68-acre property features 13 buildable lots (zoned R-2) situated near downtown in an established neighborhood with new construction. Utilities including power, sewer, gas, internet, and phone are already installed at each lot line, with a city-approved plan for remaining infrastructure and water. Seven lots measure 0.12 acres, and six measure 0.14 acres. The property also includes three commercial buildings totaling 12,289 square feet, each listed on the National Register of Historic Places. These historic buildings offer significant potential for adaptive reuse, creating diverse residential or commercial options. The combination of residential lots and historic commercial buildings presents a unique opportunity for a mixed-use development. This property is ideally suited for a developer seeking a high-demand location with significant upside potential. The asking price is $750,000.
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.