Improved Mixed-Use Land for Sale in Grants Pass, Oregon
625 Barbara Dr, Grants Pass, OR 97526
Licensed Residential Care Facility with real estate and operating business. Forest Meadows RCF is a fully licensed 15-bed facility at 93% occupancy with 14 residents. Recent 14th bed addition drives 2026 projected NOI to $300,787 (17.19% cap at $1,750,000 asking). 2025 verified trailing financials: $705,541 revenue, $255,787 NOI (14.62% cap). One remaining bed adds ~$50K revenue, supporting full-occupancy NOI of $345,787 (19.76% cap). Situated on 7.95 park-like acres outside Grants Pass. 8,001 SF includes 10 resident bedrooms and private caregiver quarters. Extensive improvements: 50-year roof, multiple HVAC systems, remodeled kitchen, updated flooring, 1,728 SF shop/garage. Established VA and medical provider referral network. Sale includes real estate and business. Financials with executed NDA.
Location
- Street address
- 625 Barbara Dr
- County
- Josephine County
- Elevation
- 955 feet
Property details
- Acreage
- 7.95 acres
- MLS #
- ODS 220212462
- Posted
Property taxes
- 2025
- $5,614
Parcels
- R317805
Details and features
Listing
- Type
- Commercial Sale
- Zoning
- Rr 5; Rural Res 5 Ac
- Franchise
- RE/MAX International
Lot
- View
- Forest, Territorial
- Features
- Garden, Level
Exterior
- Parking
- Garage, Open, Parking Lot, RV
- Pool
- Deck, Porch
- Features
- Courtyard
Structure
- Stories
- 2
- Water
- Well
- Sewer
- Private Sewer
- Heating
- Electric, Heat Pump
- Cooling
- Central Air
- Materials
- Frame
- Roof
- Composition
- Windows
- Double Pane Windows
Interior
- Flooring
- Carpet, Laminate, Tile, Vinyl
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 2, 2025 | New listing | $1,750,000 | — | SORMLS |