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    Keller Williams Realty Eugene and Springfield

    2645 Suzanne Way, Suite 2-A, Eugene, OR 97408
    (541) 431-6480
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    Size: 10+ agents

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    Property Types

    • Land
    • Commercial Sale
    • Residential Multi Family

    Listings

    For Sale (14)

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    Residential Land in Cottage Grove
    $89,000
    0.21 Acres

    Residential Land in Cottage Grove

    Residential lot in premier neighborhood with golf course views.

    980 Holly Ave, Cottage Grove, OR 97424
    View details
    Brownsville Land with Valley Views
    $275,000
    11.13 Acres

    Brownsville Land with Valley Views

    11+ acres of buildable land with new well.

    29015 Brownsville Rd, Brownsville, OR 97327
    View details
    Mohawk Valley 60-Acre Parcel
    $450,000
    60.59 Acres

    Mohawk Valley 60-Acre Parcel

    60-acre parcel in Mohawk Valley, buildable with approved homesite.

    Hill Rd, Springfield, OR 97478
    View details
    Residential Development Land in Eugene
    $1,050,000
    4.12 Acres

    Residential Development Land in Eugene

    4.12 acres of R-1 zoned land in South Eugene.

    Mclean Blvd, Eugene, OR 97401
    View details
    Residential Land in Desirable Neighborhood
    $150,000
    0.25 Acres

    Residential Land in Desirable Neighborhood

    0.25-acre parcel in Eugene, ideal for building a home.

    2191 Lorane Hwy, Eugene, OR 97405
    View details
    Oversized Lot in Ferry Street
    $475,000
    0.70 Acres

    Oversized Lot in Ferry Street

    Rare 0.70 acre lot in Ferry Street Bridge area.

    Butte Ln, Eugene, OR 97401
    View details
    Buildable Lot in South Eugene
    $155,000
    0.27 Acres

    Buildable Lot in South Eugene

    Buildable lot in established South Eugene neighborhood.

    3872 Monroe St, Eugene, OR 97405
    View details
    Veneta Land with Mountain Views
    $659,000
    24.21 Acres

    Veneta Land with Mountain Views

    Private 24-acre retreat with stunning views and existing infrastructure.

    24977 Sturtevant Dr, Veneta, OR 97487
    View details
    Lake View Lot in Lowell
    $99,000
    0.19 Acres

    Lake View Lot in Lowell

    Residential lot with utilities ready for building in Lowell, Oregon.

    Sunridge Ln, Lowell, OR 97452
    View details
    Vacant Land with Reservoir Views
    $95,000
    0.18 Acres

    Vacant Land with Reservoir Views

    Vacant lot to build your dream home with stunning views.

    Sunridge Ln, Lowell, OR 97452
    View details
    Two Homes on Park-Like Acre
    $1,500,000
    4,541 SF

    Two Homes on Park-Like Acre

    Two homes on one acre, ideal for multi-generational living.

    2011 River Loop 1, Eugene, OR 97404
    View details
    Riverside Land Ready for Development
    $540,000
    1.74 Acres

    Riverside Land Ready for Development

    1.74 acres with 1,400 feet of McKenzie River frontage.

    50660 Mckenzie Hwy, Vida, OR 97488
    View details
    Residential Homesite with Tree Grove
    $199,900
    2.00 Acres

    Residential Homesite with Tree Grove

    Zoned RR2 homesite with cleared pasture and mature tree grove, supported by shared well, power, and septic approval in process.

    Rogers - Lot 3 Ln, Dexter, OR 97431
    View details
    Springfield Main Street Diner
    $850,000
    1,614 SF

    Springfield Main Street Diner

    Landmark Restaurant, Turn-Key Opportunity

    4265 Main St, Springfield, OR 97478
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty Eugene and Springfield
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