Eugene Office Building For
For Sale
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1450 High St, Eugene, OR
Office building near University of Oregon and hospital for sale.
Property Size8,201 SF
Lot Size0.68 Acres
Price / SF$390.20
Days on Market1013
Property Features for 1450 High St
General Information
Standard status
Active
Size
8,201 SF
Lot size
0.68 Acres
Property subtype
OFFICE
Listing Agency:
Evans, Elder, Brown & Seubert
(541) 345-4860
Listed By:
Kelsey Machuca (Schneider)
(503) 679-2419
Source:
Moodyscre
Added: Oct 25, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evans, Elder, Brown & Seubert
Investment Insights
Based on property information with market context.
This 8,201-square-foot office building is located near residential areas with single-family and multi-family apartments, the University of Oregon campus, and PeaceHealth Sacred Heart Medical Center. Nearby businesses include a 7-Eleven, barber shop, coffee shop, ramen restaurant, brewery, and a Safeway.
Key Highlights
- Close proximity to the University of Oregon Campus
- Convenient access to numerous restaurants and cafes like VeroEspresso and Toshi’s Ramen
- Neighboring residential area with single‑family and multi‑family apartments
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $196.8k | $24.00 |
| − Vacancy | −$29.5k | −$3.60 |
| EGI | $167.3k | $20.40 |
| − OpEx | −$41.8k | −$5.10 |
| NOI | $125.5k | $15.30 |
8,201 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.79M
$1.57M – $2.09M
NOI $125,475 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.17M – $2.89M
NOI $173,205 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,468
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building near University of Oregon and hospital for sale.
Where is this office building located?
The property is located at 1450 High St Eugene, OR.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Close proximity to the University of Oregon Campus; Convenient access to numerous restaurants and cafes like VeroEspresso and Toshi’s Ramen; Neighboring residential area with single‑family and multi‑family apartments