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Informations principales sur l'investissement

  • 150-character ruler. Six highlights, each under 150, ordered by punch: 46-unit townhome entitlement APPROVED & FINAL —
  • $56,964/yr verified in-place rental income from four residences offsets carry through permitting and mobilization
  • Signalized hard corner, ~19,550 vehicles/day — municipal water, sewer & storm mains in both frontage streets
  • $43,370 per entitled door — at or below the $50K–$70K shovel-ready PNW range, before crediting income or inherited soft costs.
  • 12–18 months and $75K–$150K of entitlement soft costs already absorbed — PE-stamped civils, TIA concurred by City & ODOT, no mitigation
  • The only entitled market-rate for-sale townhome program in Grants Pass — one transaction, five sellers coordinated as a single counterparty

Résumé analytique

Interpreting "sales zones" as the main listing description field (the 7,000-character body) — flag me if you meant something else.
Here's a draft at ~3,900 characters, written from the v20260715 OM. Flat, factual, front-loads the disclosures the way the OM does. Paragraph breaks are intentional since LoopNet preserves them:
Fully entitled 46-unit townhome development — approval final and unappealed — on a 3.59-acre assembled hard corner in Grants Pass, Oregon.
Sunrise Village Townhomes was approved by City of Grants Pass Director's Decision 108-00009-24 on January 27, 2025, under Oregon's middle-housing land-division statute (ORS 92.031 / SB 458). The application drew zero public comments and the 14-day appeal window closed without objection. The Director's Decision, its conditions, and the complete Gerlitz Engineering record (PE-stamped, 30% schematic design) transfer at close. A buyer inherits the entitlement — the 12 to 18 months and $75,000 to $150,000 in soft costs it represents are already spent and convey with the land.
The site. Four contiguous tax lots (2024, 2050, 2090 Williams Hwy and 815 SW West Harbeck Rd) at the signalized corner of Williams Highway and West Harbeck Road — approximately 19,550 vehicles per day through the intersection per the 2024 Traffic Impact Analysis, which triggered no mitigation and carries written ODOT concurrence. Level topography, 12-inch water mains in both frontage streets, sanitary sewer and a 30-inch storm main at West Harbeck. Density of 12.81 du/ac across the R-4 and R-1-8 tracts under City-concurred minimum-density averaging (21 + 25 units).
Income in place. Four existing residences, one per parcel, generate $56,964/year verified to executed month-to-month leases — carry offset through permitting and mobilization. All homes are slated for demolition under the approved plan; occupancy does not restrict the development timeline per the Owner's Disclosure Statement.
Pricing basis. $1,995,000 — $43,370 per entitled door, at or below the $50,000–$70,000 shovel-ready PNW townhome-site range, before crediting income or inherited soft costs. Unentitled corridor land has traded at roughly $69K–$226K/acre; the premium over that band is the approval, the frontage utilities, and the cash flow.
Market position. No market-rate attached for-sale project at this scale is in vertical construction anywhere in Grants Pass. The pipeline is dominated by income-restricted apartments, rental plexes, and detached single-family lots. This is the only entitled fee-simple for-sale townhome program in the city.
Material disclosures — surfaced up front. (1) Final plat must be approved by approximately January 27, 2028; the code authorizes no extensions. (2) A buyer-side revised tentative plan is required before the Development Permit — individual meters/laterals, 26-ft fire access vs. 24-ft drawn, and drive-aisle geometry; one engineering revision resolves all three. (3) The West Harbeck sewer main is older short-section concrete pipe; compliant laterals may require a new main or on-site public alternative — price both in diligence. (4) A City of Grants Pass AFD assessment (TR4571, Ord. 17-5710) encumbers the property separately from taxes; scope and payoff timing are pending the City's written confirmation — obtain an updated payoff statement from the City before offering. (5) Five sellers across three ownership groups; all have executed listing paperwork, and any offer requires all five sellers' approval, coordinated through the listing brokers as one counterparty.
Execution paths. Merchant build-and-sell (new-construction townhomes in Grants Pass currently ask $450,000; resale $205–$213/SF), build-to-rent stabilization at 46 doors, or entitlement resale after final plat. Full Offering Memorandum, Director's Decision, engineering set, verified rent roll, and title package available to qualified buyers — NDA required for the deal room.
Adams | Pfau Commercial Group · Coldwell Banker Commercial Professional Group. Tours by appointment only; 24-hour notice required. Please do not contact tenants directly.

Bilan financier (Réel - 2025) Cliquez ici pour accéder à

Annuel Annuel par ha
Revenu de location brut $99,999 $9.99
Autres revenus - -
Perte due à la vacance - -
Revenu brut effectif $99,999 $9.99
Résultat net d’exploitation - -

Bilan financier (Réel - 2025) Cliquez ici pour accéder à

Revenu de location brut
Annuel $99,999
Annuel par ha $9.99
Autres revenus
Annuel -
Annuel par ha -
Perte due à la vacance
Annuel -
Annuel par ha -
Revenu brut effectif
Annuel $99,999
Annuel par ha $9.99
Résultat net d’exploitation
Annuel -
Annuel par ha -

Informations sur l’immeuble

Prix 1 047 083 €
Type de vente Investissement
Condition de vente Construction sur mesure
Nb de lots 1
Type de bien Terrain
Sous-type de bien Résidentiel
Usage proposé Logement
Surface totale du lot 1,45 ha

1 Lot disponible

Lot

Prix 1 047 083 €
Prix par ha 720 723,72 €
Surface du lot 1,45 ha

Fully entitled 46-unit townhome development on 3.59 acres at a signalized hard corner in Grants Pass. City-approved, PE-stamped engineering, $56,964/yr in-place income offsets carry while you permit. $43,370 per entitled door.

Description

Right — the sales description carried the deal (entitlement, pricing, disclosures, market gap). The property description should carry the asset and the place: the physical site, what the approved plan actually builds, and the location story. Here's a draft at ~3,700 characters with essentially zero overlap: The site. Four contiguous tax lots totaling 3.59 acres (156,380 SF) at the signalized intersection of Williams Highway and West Harbeck Road — Tax Map 36S-05W-30-BC, Lots 100, 200, 300, 500. The parcels run level along the Williams Highway frontage with 815 SW West Harbeck Road wrapping the hard corner. FEMA Zone X (minimal hazard); the mapped AE floodplain lies well north of the site along the creek corridor. Soils are predominantly Barron coarse sandy loam and Clawson sandy loam at 2–7% slopes — well-drained, buildable ground typical of the developed corridor. Cascade, valley, and neighborhood views from the 1.80-acre 2090 parcel. Utilities — verified from the City's engineering record. 12-inch water mains run in both Williams Highway and West Harbeck Road; sanitary sewer (10-inch and 8-inch) and a 30-inch storm main serve the West Harbeck frontage; the corner intersection is signalized with ADA improvements. On-site extensions for the 46-unit project are engineered to 30% schematic design (Gerlitz Engineering, GP-611-24). Existing homes are on wells, to be abandoned at development. What the approved plan builds. Sunrise Village Townhomes: 46 fee-simple townhome lots — interior lots ~1,677–1,800 SF, end and corner lots ~2,000–3,160 SF — with internal drive aisles, guest parking, common area, and HOA-maintained open space laid out on the engineered sheets. The water main loops from West Harbeck to the existing Williams Highway main, avoiding a dead-end system. Stormwater collects to an oversized rain garden/detention pond treating and detaining the 25-year storm in a single BMP, with overflow to the 30-inch main; infiltration testing proves feasibility. A 6-foot sound wall along Williams Highway and part of West Harbeck buffers the future community. Construction is entitled in two phases — 21 units, the detention pond, and the central common area first; 25 units, the looped main, and a second Williams driveway second — letting a builder manage construction-loan exposure. What the lots support. At the approved footprints, the plan comfortably carries a three-story attached townhome of roughly 1,750 SF with a 1-car attached garage — the configuration regional merchant builders are delivering today. Interior lots take the smaller plans; end and corner lots accommodate larger premium units. Architecture is at the buyer's discretion within the approved envelope — bedroom count, garage, and finish level can be tuned to the chosen exit without returning to the City for a new land-use approval. The corridor. Williams Highway is the principal southern arterial connecting central Grants Pass to the Williams and Applegate Valley communities — an established south-side corridor that already carries the rooftops, schools, and daily-needs retail a for-sale community wants around it. The market area. Grants Pass (pop. ~40,000 city / ~88,000 county) is the county seat and commercial center of the western Rogue Valley, on I-5 roughly halfway between San Francisco and Portland. The economy is anchored by healthcare (Asante Three Rivers Medical Center, a 125-bed acute-care hospital among the county's largest employers), education (Rogue Community College), and a year-round Rogue River recreation base. The subject's own ZIP 97527 skews settled and ownership-oriented: 72.8% owner-occupied, median home value $481,099, median household income $67,807 forecast to $75,645 by 2030 (Esri 2025) — above both city and county medians. Growth runs on steady in-migration from higher-cost West Coast metros — households arriving equity-rich and ownership-minded, into a for-sale stock that is overwhelmingly aging detached homes. Existing improvements. Four single-family residences, one per parcel (1910–1963, 696–1,488 SF), tenant-occupied month-to-month.

Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun très limités
10/100
Plutôt praticable en vélo
40/100

Taxes foncières

Taxes foncières

Numéro de parcelle
R316860
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
102 456 €
  • ID de l’annonce: 41412743

  • Date de mise sur le marché: 23/07/2026

  • Dernière mise à jour:

  • Adresse: 815 W Harbeck Rd, Grants Pass, OR 97527

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