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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Retail space
1867 Redwood Ave Grants Pass, OR 97527-6408
Entity Owned
6-yr Hold
Free & Clear
Property ID
US71-1891492
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
17,856 SF
Lot
1.46 ac (63,598 SF)
Zoning code
BP; BUSINESS PARK
APN
36-06-24-CC-000300
UPID
US71-1891492
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
Current use
Occupant on record · Public records
-
Redwood Family Dental Care Dental Office
-
The Lucky Duck Market & Deli (Bike/Boat/Book/etc) Store Grocery & Convenience Store
-
Cardtronics ATM Atm
-
Hullman John DDS Dental Office
-
Dr. Nathan Tanner Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$2.09M
Owner & transaction history
A-1 Mini Annex LLC · 6 yrs held
A-1 Mini Annex LLC
since 2019
6 recorded transactions
Zoning & alternative use
BP; BUSINESS PARK · Grants Pass, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+70.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grants Pass submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grants Pass submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,585,000
Current use
COMMERCIAL (GENERAL)
$2,700,000
Change: +70% · Conversion: Easy
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,426
Tax year 2023
Assessed value
$1,901,640
Assessed 2023
Previous assessed
$1,584,150
+20.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$376,740
Improvement market value
$1,552,460
Total market value
$1,929,200
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
8
Total area
17,856 SF
Lot
1.46 ac (63,598 SF)
Zoning code
BP; BUSINESS PARK
APN
36-06-24-CC-000300
UPID
US71-1891492
Jurisdiction
JOSEPHINE
Zoning & alternative use
BP; BUSINESS PARK · Grants Pass, OR
Zoning BP; BUSINESS PARK · permitted uses
BP; BUSINESS PARK · Grants Pass, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grants Pass. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
8
Lot
1.46 ac
Current owner
From public records · entity-resolved
A-1 Mini Annex LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1151 WILLOW LN, GRANTS PASS, OR 97527-6220
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2019
—
A-1 Mini Annex LLC
Nunn Marital Trust
Quit Claim Deed
—
Aug 20, 2019
—
Nunn Marital Trust
Nunn Family Trust
Quit Claim Deed
related
—
Mar 26, 2019
—
Nunn Family Trust
Nunn Dr Family Trust
Quit Claim Deed
related
—
Feb 26, 2015
—
Ronald C Nunn
Nunn Carl E Trust
Quit Claim Deed
related
—
Feb 4, 2015
—
Nunn Family Trust
Nunn,ronald C & Marcia K
Quit Claim Deed
related
—
Jan 5, 2005
$947,000
Ronald C Nunn
Costantino,anthony L & Joanne M
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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