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Property profile & analytics
OFF-MARKET
Estimated value
$385,000
Warehouses
2851 Highland Ave Grants Pass, OR 97526-8424
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US71-0668362
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
5,600 SF
Lot
1.31 ac (57,064 SF)
Zoning code
BP; BUSINESS PARK
APN
36-05-06-BD-000300
UPID
US71-0668362
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
-
Bulldog Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$385k
Owner & transaction history
Traders INC · 15 yrs held
Traders INC
since 2011
5 recorded transactions
Zoning & alternative use
BP; BUSINESS PARK · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$385k
Range $347k – $424k · ±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
$69 / 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
$1,602
Tax year 2023
Assessed value
$230,150
Assessed 2023
Previous assessed
$230,150
+0.0% YoY
Effective rate
0.70%
On assessed value
Land market value
$115,130
Improvement market value
$115,020
Total market value
$230,150
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
SPACE
Stories
1
Bathrooms
2
Total area
5,600 SF
Lot
1.31 ac (57,064 SF)
Zoning code
BP; BUSINESS PARK
APN
36-05-06-BD-000300
UPID
US71-0668362
Jurisdiction
JOSEPHINE
Zoning & alternative use
BP; BUSINESS PARK · Grants Pass, ORZoning 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
Building & site characteristics
From public records
Year built
1979
Heating
SPACE
Stories
1
Bathrooms
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
Traders INC
Entity
Mailing address
2851 HIGHLAND AVE, GRANTS PASS, OR 97526-8424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2025
—
Traders INC
—
Deed
related
$100,000 · Banner Bank
Jul 22, 2011
—
Traders INC
Autumn Lake LLC
Grant Deed
$175,000 · Roger F Jones
Jul 25, 2005
—
Pipeline Properties LLC
Tamashiro,kurt & Barbara F
Grant Deed
related
—
—
—
Traders INC
—
Deed Of Trust
related
$130,000 · Charles D & Donna M Sampson
—
—
Traders INC
—
Deed Of Trust
related
$225,000 · Bank Of The Cascades
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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