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    OFF-MARKET
    Commercial real estate

    149 Mckenzie Ridge Rd, Grants Pass, OR 97526

    5.87 ac lot
    Property ID
    US71-1549099
    Property summary
    AI-generated overview

    This exceptional 5.87-acre lot in Grants Pass, Oregon, presents a rare opportunity to build a custom home in the prestigious McKenzie Ridge community. Located at 149 McKenzie Ridge Road, zip code 97526, this property boasts unparalleled views of the North Valley, showcasing stunning sunrises and sunsets. The gated community offers a high standard of living and privacy, with access to 80 acres of adjacent public land ideal for recreation and wildlife viewing. The lot is part of a new development where homes are currently under construction. Buyers can work with a custom home builder to design their dream home, incorporating features such as stone counters, tile showers, high-quality custom kitchen cabinetry, expansive windows, and large cantilevered decks to maximize the breathtaking views. The area enjoys a Mediterranean climate with four distinct seasons and mild winters. Nearby attractions include the Britt music festival, the Oregon Shakespeare Festival, the Rogue River, and the Oregon coast, along with numerous restaurants, breweries, and wineries, including those on the Applegate Valley Wine Trail. This is an exceptional opportunity to create a luxurious rural retreat in a desirable location. The property is listed at $859,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.87 ac (255,697 SF)
    UPID US71-1549099
    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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