715 NW Dimmick St
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715 NW Dimmick St 19,451 SF 100% Leased Office Building Grants Pass, OR 97526 $1,950,000 ($100.25/SF)
EXECUTIVE SUMMARY
Merit Commercial Real Estate is pleased to exclusively present for sale 715 NW Dimmick Street, a 4.05 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 2.27 ac site (700 NW Dimmick - $1.3m).
The Site is home to Josephine County WIC and Public Health offices, housed on one floor of the existing 2-story, ± 19,541 SF concrete structure. County Public Works occupies the lower floor, as well as services the concrete generator building (no value). The clear opportunity in the Site lies in the abundant, flat 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 715 NW Dimmick St! 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 home to Josephine County WIC and Public Health offices, housed on one floor of the existing 2-story, ± 19,541 SF concrete structure. County Public Works occupies the lower floor, as well as services the concrete generator building (no value). The clear opportunity in the Site lies in the abundant, flat 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 715 NW Dimmick St! 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
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,451 SF
Building Class
C
Year Built
1963
Price
$1,950,000
Price Per SF
$100.25
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
9,726 SF
Building FAR
0.11
Lot Size
4.05 AC
Zoning
R-4
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,952,630 | |
| Land Assessment | $1,893,660 | Total Assessment | $3,846,290 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,893,660
Improvements Assessment
$1,952,630
Total Assessment
$3,846,290
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715 NW Dimmick St
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