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700 NW Dimmick St - 700 NW Dimmick Street 8,764 SF Specialty Building Offered at $1,170,000 in Grants Pass, OR 97526
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present for sale 700 NW Dimmick Street, a 2.27 ac redevelopment opportunity in beautiful Grants Pass, Oregon (the ''Site''). As a partial interest in the full ''Dimmick Campus'', the Site is available individually or alongside an additional 4.05 ac (715 NW Dimmick - $1.95m - MLS # 220192486. Full site MLS #220192484).
The Site is currently home to Josephine County Planning Office, housed in the first floor of the existing 2-story, ± 8,764 SF concrete office building. Additional County users occupy office space on the 2nd floor as well; fully usable in its current condition, the building enjoys abundant parking, greenery, numerous skylights, and views of the surrounding mountains.
The clear opportunity in the Site lies in the excess residential-zoned land surrounding the building, presenting a compelling opportunity to develop a wide array of multifamily or mixed-use product. Situated in an extremely supply constrained market, there is substantial upside at 700 NW Dimmick Street! Contact brokers for more info.
As of the date of this report, the Seller (Josephine County) has agreed to leaseback all or part of the Site for up to 12 months. View the attached Offering Memorandum for more info.
Developers are encouraged to present any reasonable proposal for the selling entity's consideration. Contact the listing brokers today for additional information. Buyer is responsible for any and all due diligence, including environmental, use, legality, site planing, zoning, demolition, and all other items.
The Site is currently home to Josephine County Planning Office, housed in the first floor of the existing 2-story, ± 8,764 SF concrete office building. Additional County users occupy office space on the 2nd floor as well; fully usable in its current condition, the building enjoys abundant parking, greenery, numerous skylights, and views of the surrounding mountains.
The clear opportunity in the Site lies in the excess residential-zoned land surrounding the building, presenting a compelling opportunity to develop a wide array of multifamily or mixed-use product. Situated in an extremely supply constrained market, there is substantial upside at 700 NW Dimmick Street! Contact brokers for more info.
As of the date of this report, the Seller (Josephine County) has agreed to leaseback all or part of the Site for up to 12 months. View the attached Offering Memorandum for more info.
Developers are encouraged to present any reasonable proposal for the selling entity's consideration. Contact the listing brokers today for additional information. Buyer is responsible for any and all due diligence, including environmental, use, legality, site planing, zoning, demolition, and all other items.
Property Facts Under Contract
| Price | $1,170,000 | Lot Size | 2.27 AC |
| Price Per SF | $133.50 | Building Size | 8,764 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1985 |
| Zoning | R-4, R-1-6 - R- 4 (8 parcels) & R-1-6 (2 parcels) | ||
| Price | $1,170,000 |
| Price Per SF | $133.50 |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 2.27 AC |
| Building Size | 8,764 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | R-4, R-1-6 - R- 4 (8 parcels) & R-1-6 (2 parcels) |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $475,810 | |
| Land Assessment | $1,338,870 | Total Assessment | $1,814,680 |
Property Taxes
Parcel Numbers
Land Assessment
$1,338,870
Improvements Assessment
$475,810
Total Assessment
$1,814,680
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700 NW Dimmick St - 700 NW Dimmick Street
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