$1,995,000

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.