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    OFF-MARKET
    Commercial real estate

    1694 Dowell Rd, Grants Pass, OR 97527

    0.62 ac lot
    Property ID
    US71-0481109
    Property summary
    AI-generated overview

    This exceptional 0.62-acre commercial lot, located at 1694 Dowell Road in Grants Pass, Oregon (zip code 97527), presents a unique investment opportunity. Priced at $279,000, this property boasts a highly desirable location, situated just off Redwood Highway and directly across from a thriving Farmers Building Supply. The property's zoning is General Commercial, offering a wide range of potential uses. The land itself is level and fully fenced, providing a secure and easily usable space. Utilities include public sewer and a private well. While previously used as a rental property, the existing structure features two bedrooms, one bathroom, a kitchen, eating area, and living room. Heating is provided by a free-standing electric heater in the living room. This property is being sold "as is" and requires a cash sale. Its convenient location and commercial zoning make it an attractive prospect for entrepreneurs and investors seeking a prime location in Grants Pass. The property's proximity to Redwood Highway ensures high visibility and accessibility, making it an excellent choice for a variety of commercial ventures. This is a rare opportunity to acquire a well-situated commercial lot in a growing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.62 ac (27,007 SF)
    UPID US71-0481109
    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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