1731 Williams Hwy - Residential LAND FOR SALE


Grants Pass, OR 97527 59,242 SF
$995,000 USD
458-220-8881
1731 Williams Hwy, Grants Pass, OR for Sale
$995,000 USD
Residential LAND - FOR SALE
1/31
59,242 SF

1731 Williams Hwy
Grants Pass, OR 97527


HIGHLIGHTS

  • Rare 1.36-Acre Corridor Assemblage: Two contiguous parcels under common ownership offering meaningful scale along a primary commercial corridor
  • High-Traffic Highway Frontage: ±150 linear feet of direct exposure on OR-238 with 15,900+ average daily trip
  • Dual-Street Access: Street-to-street configuration with primary access off Williams Hwy and secondary ingress/egress via SE Grandview Ave
  • Versatile GC Zoning with Williams Hwy Frontage: General Commercial zoning supports a broad range of development concepts
  • R-3 Rear Parcel — Dual Utility: The 0.40-acre high-density residential carrying independent entitlement potential for a residential or mixed-use build
  • Interim Income Potential: The existing ±1,817 SF structure — most recently occupied as a commercial retail space — rental income potential

OVERVIEW

Offering Overview This offering presents a rare opportunity to acquire a scaled, two-parcel commercial assemblage in South Grants Pass, offered under common ownership at $995,000. The combined ±1.36-acre site consists of a ±0.96-acre General Commercial (GC) frontage parcel at 1731 Williams Hwy (Parcel #R316679) and an adjoining ±0.40-acre R-3 high-density residential parcel at 118 SE Grandview Ave (Parcel #R344819). The parcels are being sold together as a single unified development basis, delivering a configuration that is increasingly difficult to replicate along the Williams Hwy corridor — combining frontage, depth, dual access, and mixed zoning into one cohesive opportunity. Market Context The property is positioned along Williams Hwy (OR-238), the primary commercial artery serving South Grants Pass, connecting established residential neighborhoods to the downtown core and broader Rogue Valley trade area. The site benefits from 15,900+ average daily traffic counts and immediate proximity to major national and regional retailers including Safeway, Fred Meyer, Grocery Outlet, and Dollar General, as well as a dense concentration of medical, retail, and service-oriented businesses. The Grants Pass market continues to demonstrate steady population growth and in-migration, particularly from higher-cost West Coast markets, supporting sustained demand for housing, healthcare, and essential retail services. These underlying fundamentals directly align with the site’s zoning profile and development potential. Within this context, 1+ acre corridor sites have become increasingly scarce. Most remaining opportunities are either fragmented across multiple ownerships or constrained by limited depth and access. This assemblage stands apart by delivering meaningful scale, dual-street configuration, and a zoning mix that supports multiple development paths. Recent nearby activity — including the transaction at 1777 Williams Hwy — has reinforced active buyer demand along this corridor, with interest spanning medical users, retail developers, and investors seeking mixed-use flexibility. The market has consistently demonstrated that well-positioned sites along OR-238 are quickly absorbed when brought to market. Target Buyer Profiles This offering supports a broad range of acquisition strategies: Medical & Retail Developers: Ideal for clinic, pharmacy, or retail concepts requiring visibility, traffic exposure, and parking capacity supported by site depth Owner-Users: A true build-to-suit opportunity in a corridor where comparable sites are no longer readily available Mixed-Use / Multifamily Developers: The R-3 rear parcel introduces independent residential entitlement, enabling integrated or standalone residential execution 1031 Exchange Buyers: A clean, well-located land acquisition with a clear development thesis and minimal entitlement friction The combination of GC frontage and R-3 rear zoning allows buyers to underwrite multiple exit strategies from a single acquisition, a key advantage in today’s market environment. Pricing & Valuation The $995,000 asking price reflects a land-driven valuation of the unified assemblage, supported by comparable corridor sales, frontage quality, and the premium associated with scale and configuration. The existing ±1,817 SF structure contributes nominal value and is best viewed as an interim income opportunity rather than a long-term improvement. At approximately ±$16.80/SF on a blended basis, the offering is competitively positioned relative to recent transactions, particularly when considering the added value created by assemblage scale, dual access, and residential entitlement optionality. For buyers actively tracking the Williams Hwy corridor, this represents a high-conviction acquisition opportunity. Sites of this size, with this level of flexibility and exposure, rarely come available — and when they do, they are typically absorbed quickly by informed buyers.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/ACRE

$731,618/AC

PRICE/SF

$17 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1731 Williams Hwy

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Convenience Store, Day Care Center, Fast Food, Hold for Development, Hold for Investment, Medical, Retail Warehouse, Single Family Development, Storefront Retail/Office, Storefront Retail/Residential, Single Family Residence

LAND ACRES

1.36 AC

LAND SF

59,242 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable

ZONING

GC/R-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christopher PfauColdwell Banker Pro WestMore Info
458-220-8881

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Christopher PfauColdwell Banker Pro WestMore Info
458-220-8881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.