121 River Ave, Eugene, OR
4,640 SF retail building on 0.80 acres for sale.
- Added:
- Jun 14, 2023
- Days on Market:
- 1119
- Last Refresh:
- May 20 at 9:50 pm
Property Features for 121 River Ave
General Information
- Standard status
- Active
- Size
- 4,540 SF
- Lot size
- 0.81 Acres
- Property subtype
- RETAIL
Listing office Evans, Elder, Brown & Seubert (541) 345-4860
Listing date Jun 14, 2023
Source Moodyscre
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
HighLights
- 4,640 square foot retail building
- Zoned Community Commercial (C‑2)
- 0.80 acres fully fenced
- Price: $1,300,000
Overview
Local Financial Insights For Retail
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 | $98.1k | $21.60 |
| − Vacancy | −$3.9k | −$0.86 |
| EGI | $94.1k | $20.74 |
| − OpEx | −$28.2k | −$6.22 |
| NOI | $65.9k | $14.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Eugene
- County
- Lane
- State
- Oregon
- Longitude
- -123.125
- Latitude
- 44.0961
