Freestanding Dental
2233 Willamette St. Building D, Eugene, OR 97405
For Sale
Contact for pricing
Six chair stations remain in a single-story medical office building within a professional association serving medical, dental, and office users.
Property Size2,041 SF
Price / SF$264.58
Days on Market18
Property Features for 2233 Willamette St. Building D
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Additional Details
HOA Fee
Property Use
Medical Specialty
Building Details
Year Built
Buildings
Stories
Building Size
Construction
Listing Agency:
Evans, Elder Brown & Seubert
Listed By:
Chip Radebaugh · License #201257459
(541) 345-4860
Source:
Crexi
Added: Oct 23
Changed: Nov 8
Last Checked: Nov 8 at 6:18PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,041-square-foot medical office building is a single-story, wood-frame structure with a brick exterior and membrane roof. Built in 1971, it retains six dental chair stations from its most recent use as a clinic.
The building is part of the Parkway Willamette Association in Eugene, which maintains shared parking lots, sidewalks, landscaping, exterior lighting, screening, and other common areas. Access is available from Willamette Street and Amazon Parkway, with unassigned parking throughout the professional center, including spaces adjacent to the building.
The building is part of the Parkway Willamette Association in Eugene, which maintains shared parking lots, sidewalks, landscaping, exterior lighting, screening, and other common areas. Access is available from Willamette Street and Amazon Parkway, with unassigned parking throughout the professional center, including spaces adjacent to the building.
Key Highlights
- 2,041‑square‑foot, single‑story medical office building
- Six dental chair stations remain in place
- Built in 1971; wood frame, brick exterior, and membrane roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,227
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,540
$624.5K
Cap Rate 7%
$446,100
$446.1K
Cap Rate 9%
$346,967
$347.0K
Market Conditions
NOI Build-Up for 2,041 SF
Gross rent
$49.0K $24.00/SF
− Vacancy
−$7.3K −$3.60/SF
EGI
$41.6K $20.40/SF
− OpEx
−$10.4K −$5.10/SF
NOI
$31.2K $15.30/SF
Area
Eugene, OR
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,540
Cap Rate 7%
$446,100
Cap Rate 9%
$346,967
Alternative Uses
Best Use
Office B
$446.1K
$390.3K – $520.5K
NOI $31,227 @ 7.0% cap · market cap 5.78%
Second Best
Healthcare Medical
$429.7K
$376.0K – $501.4K
NOI $30,081 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$615.8K
$538.8K – $718.4K
NOI $43,106 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,733
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97405, OR
46,303
Population
20,395
Households
2.3
Avg Household Size
44
Median Age
57%
College-Educated
97%
High-School Grad
129.2 sq mi
ZIP Area
358
Density / Sq Mi
$93,136
Median Household Income
$41,482
Median Earnings
$1,417
Median Rent
$494,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Cureanima — 2777 Friendly St, Eugene, OR 97405
- Pacifica Veterinary Services — 2777 Friendly St, Eugene, OR 97405
- Dr. Doreen Hock — 2777 Friendly St, Eugene, OR 97405
- Banfield Pet Hospital — 2858 Willamette St, Eugene, OR 97405
- Animal Health Associates — 2835 Willamette St, Eugene, OR 97405
Frequently Asked Questions
What type of property is this?
Medical Office Space - Six chair stations remain in a single-story medical office building within a professional association serving medical, dental, and office users.
Where is this medical office space located?
The property is located at 2233 Willamette St. Building D Eugene, OR.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2,041‑square‑foot, single‑story medical office building; Six dental chair stations remain in place; Built in 1971; wood frame, brick exterior, and membrane roof
