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    1991 Olympic St Springfield, OR 97477

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    For Sale
    $2,100,000

    8,500 SF retail building on 20,909 SF site.

    Property size:
    8,500 SF
    Lot size:
    0.48 Acres

    Property Features for 1991 Olympic St

    General Information

    Size
    8,500 SF
    Lot size
    0.48 Acres

    Source: Evans, Elder, Brown & Seubert Agent Jeff Elder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building Leased to Aaron's

    The property is an 8,500 square foot retail building situated on a 20,909 square foot site. There are 21 parking spaces available. The property has been leased to Aaron's since 2005 under a triple net lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Aaron's Rent To Own Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Lane
    State
    Oregon
    Longitude
    -122.996435
    Latitude
    44.0592396

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    FAQs

    What type of property is this?
    Retail space - 8,500 SF retail building on 20,909 SF site.
    Where is this retail space located?
    The property is located at 1991 Olympic St Springfield, OR.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Long-term tenant: Leased to Aaron's since 2005; - Triple net lease; - Spacious 8,500 square foot building
    (541) 345-4860
    Request Owner's contact information
    1991 Olympic St Springfield, OR 97477
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    1991 Olympic St
    Springfield, OR 97477
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    Realmo Value Estimation

    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.

    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.

    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
    1991 Olympic St Springfield, OR 97477
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