Clear-Span Warehouse on Gated
For Sale
Contact for pricing
1270 Interior Street, Eugene, OR 97402
Clear-span warehouse with fenced, gated yard in an E-2 mixed-use employment zone.
Property Size7,452 SF
Lot Size0.90 Acres
Price / SF$130.84
Days on Market81
Property Features for 1270 Interior Street
General Information
Standard status
Active
Size
7,452 SF
Lot size
0.90 Acres
Property subtype
Industrial
Zoning
E-2
Additional Details
Fenced Yard
Yes
Listing Agency:
Evans, Elder Brown & Seubert
(541) 343-3403
Listed By:
Jackson Seubert · License #201251814
Source:
Crexi
Added: Jun 1
Changed: Aug 11
Last Checked: Aug 20 at 12:01PM
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 property offers 7,452 sq. ft. of clear-span warehouse space designed for flexible interior layout. The site sits on a 0.9-acre lot that is fenced and gated, providing controlled exterior storage and staging options.
The warehouse is located in a convenient West Eugene area. The property is zoned E-2 (Mixed-use Employment), which supports a range of employment-oriented uses under the local zoning framework. Access is supported by the fenced and gated configuration of the lot.
For buyers seeking warehouse space with an unobstructed interior and a secured yard, this configuration can support a variety of industrial and storage-focused operations. The clear-span building layout helps accommodate equipment, racking, and product movement without interior column interference, while the fenced, gated lot adds practical perimeter control for vehicles and materials.
The warehouse is located in a convenient West Eugene area. The property is zoned E-2 (Mixed-use Employment), which supports a range of employment-oriented uses under the local zoning framework. Access is supported by the fenced and gated configuration of the lot.
For buyers seeking warehouse space with an unobstructed interior and a secured yard, this configuration can support a variety of industrial and storage-focused operations. The clear-span building layout helps accommodate equipment, racking, and product movement without interior column interference, while the fenced, gated lot adds practical perimeter control for vehicles and materials.
Key Highlights
- 7452 SF clear‑span warehouse space
- 0.9‑acre lot with fenced and gated yard
- Zoned E‑2 (mixed‑use employment)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,431
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,588,620
$1.6M
Cap Rate 7%
$1,134,729
$1.1M
Cap Rate 9%
$882,567
$882.6K
Market Conditions
NOI Build-Up for 7,452 SF
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.
Gross rent
$98.4K $13.20/SF
− Vacancy
−$4.9K −$0.66/SF
EGI
$93.4K $12.54/SF
− OpEx
−$14.0K −$1.88/SF
NOI
$79.4K $10.66/SF
Area
Eugene, OR
Vacancy
5.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,588,620
Cap Rate 7%
$1,134,729
Cap Rate 9%
$882,567
Alternative Uses
Best Use
Warehouse
$1.13M
$992.9K – $1.32M
NOI $79,431 @ 7.0% cap · market cap 8.15%
Second Best
Industrial
$1.02M
$896.7K – $1.20M
NOI $71,736 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,386 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97402, OR
56,610
Population
23,882
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
91%
High-School Grad
68.6 sq mi
ZIP Area
825
Density / Sq Mi
$55,743
Median Household Income
$35,728
Median Earnings
$1,287
Median Rent
$330,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Clear-span warehouse with fenced, gated yard in an E-2 mixed-use employment zone.
Where is this warehouse located?
The property is located at 1270 Interior Street Eugene, OR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 7452 SF clear‑span warehouse space; 0.9‑acre lot with fenced and gated yard; Zoned E‑2 (mixed‑use employment)
