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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Investment properties
1951 Redwood Ave Grants Pass, OR 97527-6046
Entity Owned
1-yr Hold
Free & Clear
Property ID
US71-0743162
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Total area
9,500 SF
Lot
0.32 ac (13,939 SF)
Zoning code
GC; GENERAL COMM
APN
36-06-24-CC-000700
UPID
US71-0743162
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
-
Grace Pre School High School Daycare Center
-
Major Art & Framing (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$898k
Blend (final)
Blend
$1.32M
Owner & transaction history
Prism LLC · 1 yrs held
Prism LLC
since 2025
Last sale
$1.3M
2 recorded transactions
Zoning & alternative use
GC; GENERAL COMM · Grants Pass, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,325,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,420,000
6.5%
$1,310,000
7%
$1,215,000
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±10% · vs last sale $1.31M (May 9 2025)
Last sale anchor
$1.31M
May 9 2025
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
$138 / 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
$2,999
Tax year 2023
Assessed value
$224,180
Assessed 2023
Previous assessed
$217,660
+3.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$131,470
Improvement market value
$102,340
Total market value
$233,810
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1981
Heating
ELECTRIC
Stories
1
Bathrooms
4
Total area
9,500 SF
Lot
0.32 ac (13,939 SF)
Zoning code
GC; GENERAL COMM
APN
36-06-24-CC-000700
UPID
US71-0743162
Jurisdiction
JOSEPHINE
Zoning & alternative use
GC; GENERAL COMM · Grants Pass, OR
Zoning GC; GENERAL COMM · permitted uses
GC; GENERAL COMM · 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.
Building & site characteristics
From public records
Year built
1981
Heating
ELECTRIC
Stories
1
Bathrooms
4
Lot
0.32 ac
Current owner
From public records · entity-resolved
Prism LLC
Entity
Free & Clear · 1 yrs held
Mailing address
901 NWE ST, GRANTS PASS, OR 97526-1832
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
$1,310,000
Prism LLC
Black Beard LLC
Warranty Deed
—
Apr 14, 2017
$535,000
Black Beard LLC
Major Norma J Trust
Warranty Deed
$430,000 · Major Norma J Trust (pt)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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