Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    265 Morgan Ln Grants Pass, OR 97526-3427

    • Commercial real estate
    • 6,621 SF
    • 3.80 lot acres
    OFF-MARKET
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0398707
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 265 Morgan Ln

    Year built
    2001
    Lot size
    3.80 lot acres
    Property size
    6,621 SF
    Zone code
    GC; GENERAL COMM
    Property type
    Commercial real estate
    APN
    36-05-08-AB-000500
    APU
    360508AB000500

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $700,000
      Market price range: $510k - $1.19M
      AI Estimate
      $700,000
      Market price range: $510k - $1.19M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.317
    Latitude
    42.461
    CBSA code
    24420
    CBSA name
    GRANTS PASS, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,751
    $0.00
    $0.00
    $579,400
    -
    $263,240
    $520,150
    $783,390

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      416 F St

      COMMERCIAL (GENERAL) • 0.14 Acres
      416 F St, Grants Pass, OR 97526-2310
      View Details
    • Value Estimation by Request
      0.04 Acres

      1300 G St

      COMMERCIAL (GENERAL) • 0.04 Acres
      1300 G St, Grants Pass, OR 97526-2551
      View Details
    • Value Estimation by Request

      G St

      COMMERCIAL (GENERAL)
      G St, Grants Pass, OR 97526
      View Details
    • Value Estimation by Request
      0.03 Acres

      G St

      COMMERCIAL (GENERAL) • 0.03 Acres
      G St, Grants Pass, OR 97526
      View Details
    • Value Estimation by Request
      0.13 Acres

      509 G St

      COMMERCIAL (GENERAL) • 0.13 Acres
      509 G St, Grants Pass, OR 97526-2472
      View Details
    • Value Estimation by Request
      0.26 Acres

      601 Granite Hl Rd

      COMMERCIAL (GENERAL) • 0.26 Acres
      601 Granite Hl Rd, Grants Pass, OR 97526-7894
      View Details

    Similar Nearby for Sale

    • $1,100,000
      0.78 Acres

      Prime Grants Pass Drive-Thru Site

      $1.1M, 0.78-acre lot, high traffic.
      101 Mill St, Grants Pass, OR 97526
      View Details
    • $215,000

      Immaculate Home in 55+ Community

      Move-in ready 2BR/2BA home with mountain views in Grants Pass.
      5648 Foothill Blvd, Grants Pass, OR 97526
      View Details
    • $235,000

      Updated Home with Mountain Views

      Spacious home featuring modern updates and breathtaking mountain views.
      5648 Foothill Blvd, Grants Pass, OR 97526
      View Details
    • $670,000
      Pending

      Grants Pass Quadplex Investment Opportunity

      Well-maintained fourplex near downtown Grants Pass with income potential.
      415 SE J St, Grants Pass, OR 97526
      View Details
    • $2,490,000
      Pending

      Spalding Commerce Park Warehouse

      30,054 SF metal warehouse with 1,814 SF custom office.
      2207 NE Industry Dr, Grants Pass, OR 97526
      View Details
    • $1,750,000
      8,001 SF

      Licensed Residential Care Facility For Sale

      Licensed 15-bed residential care facility on 7.95 acres.
      625 Barbara Dr, Grants Pass, OR 97526
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      44,034 SF

      Grants Pass Industrial Flex Space

      44,034 SF Office/Warehouse, Divisible
      481 California St, Grants Pass, OR 97526
      View Details
    • $12 SF/Yr
      53,423 SF

      Grants Pass Retail Center Investment

      Prime Retail Space, 13 Units Available
      959 D St, Grants Pass, OR 97526
      View Details
    • $17 SF/Yr
      63,497 SF

      Parkway Village Retail Units

      Grants Pass commercial space available.
      1501 F St, Grants Pass, OR 97526
      View Details
    • Contact for pricing
      3,150 SF

      Retail Space in Grants Pass

      Prominent retail shopping experience in Grants Pass retail core.
      891-939 NE D St, Grants Pass, OR 97526
      View Details
    • Contact for pricing
      14,000 SF

      Prominent Retail Shopping Experience

      Class A retail space for lease in Grants Pass.
      943 NE D St, Grants Pass, OR 97526
      View Details
    • Contact for pricing
      44,034 SF

      Office with Industrial Storage Space

      Office and industrial storage space available with ample parking.
      481 California St, Grants Pass, OR 97526
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    265 Morgan Ln
    Grants Pass, OR 97526-3427
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.