1694 Dowell Rd, Grants Pass, OR 97527
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.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.