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Property profile & analytics
OFF-MARKET Estimated value $6,010,000
Office Spaces

715 Dimmick St Grants Pass, OR 97526-1536

49,720 SF 1.53 ac lot Built 1963
Entity Owned Absentee Owner Free & Clear
Property ID
US71-0965687
Property summary
AI-generated overview

This exceptional 4.05-acre redevelopment opportunity in Grants Pass, Oregon, presents a compelling investment prospect. Located at 715 NW Dimmick Street, the property includes a 19,541 square foot, two-story concrete building constructed in 1963. Currently housing Josephine County WIC and Public Health offices on one floor, and county maintenance on the lower floor, the property offers significant potential for redevelopment. The site boasts 59 public parking spaces (including 6 handicap-accessible spaces) and approximately 30 gated/private parking spaces. The property is zoned R-4, allowing for a wide array of multifamily or mixed-use development options. The existing building consists of two buildings on two stories, encompassing three units. The abundant, flat land surrounding the building presents a unique opportunity in a supply-constrained market. This property is being offered for $2,170,000. The sale includes a 4.05-acre lot. Prospective buyers are responsible for all due diligence, including environmental assessments, use permits, legal compliance, site planning, zoning verification, potential demolition costs, and all other relevant factors. Developers are encouraged to submit proposals for consideration.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1963
Total area 49,720 SF
Lot 1.53 ac (66,647 SF)
Zoning code R-4
APN 36-05-18-AA-007600
UPID US71-0965687
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
  • Josephine County Public Health Department Public Health Department
  • Josephine County WIC Charitable Organization Social Service Agency
  • Rose Philip M MD Physician
  • Dr. David Candelaria Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.01M
Blend (final) Blend
$6.01M
Owner & transaction history
JOSEPHINE COUNTY
JOSEPHINE COUNTY
Zoning & alternative use
R-4 · Grants Pass, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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