2024 Williams HighwayGrants Pass, OR 97527

Description

Fully entitled development assemblage on Williams Hwy - four contiguous parcels sold as one. Approved for 46 attached townhomes under Oregon's middle-housing land division by City of Grants Pass Director's Decision 108-00009-24 (1/27/2025): zero public comments, un-appealed, final. PE-stamped civil engineering, preliminary utility plan, infiltration test and a Traffic Impact Analysis concurred by the City and ODOT all convey at close. 3.59 acres on the signalized Williams Hwy / SW West Harbeck corner, ~19,550 VPD. Zoned R-4 and R-1-8; 46 units at 12.81 du/ac via City-concurred minimum-density averaging. Four existing residences generate $4,747/mo ($56,964/yr) on month-to-month leases; occupancy does not restrict the development timeline. Municipal mains in both frontage streets; on-site extensions engineered to 30% SD, not constructed. Final plat due approx. 1/2028. Entitlement file, title, leases and disclosures under NDA. $43,370 per entitled door; five sellers, one closing.

Property Information

Property type

Commercial Sale

Structure type

Multi Family

Year built

1910

Building area

4,587 Sq Ft

Lot size

3.59 acres

Days on market

193

MLS^® Listing#

220219857

Property Features

Cooling

Central Air · Wall/Window Unit(s)

Heating

Electric · Forced Air · Natural Gas · Wood

Flooring

Carpet · Laminate · Vinyl

Basement

None

Parking

Attached · Detached · Driveway · Garage

Lot features

Corner Lot · Level

Construction

Frame

Foundation

Slab

Roof

Composition

Windows

Aluminum Frames

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Sewer

Public Sewer

Water source

Private · Well

Financial Details

Annual taxes

$8,675Tax year 2025

Parcel number

R316860