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Employment-Ready Industrial Land
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2755 South M Street, Springfield, OR 97477

Zoned AGUH and designated Urban Holding Area for employment, with an existing residence totaling approximately 1,823 SF.

Property Size1,823 SF
Lot Size10.03 Acres
Price / SF$1,194
Days on Market76

Property Features for 2755 South M Street

General Information

Standard status Active
Size 1,823 SF
Lot size 10.03 Acres
Property subtype Land
Zoning Agriculture - Urban Holding Area
Investment Type Redevelopment
Listing Agency: Campbell Commercial Real Estate
Listed By: Abby Hyland · License #201256624
Source: Crexi
Added: Jul 21 Changed: Oct 4 Last Checked: Oct 4 at 6:20AM

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 Campbell Commercial Real Estate

Investment Insights

Based on property information with market context.

This offering is an approximately 10.03-acre parcel of future employment land within Springfield’s Urban Growth Boundary. The property is currently zoned AGUH (Agriculture – Urban Holding Area) and designated Urban Holding Area – Employment, supporting long-term redevelopment flexibility.

The site includes an existing residence of approximately 1,823 SF, which may be used as interim office, management, or caretaker space while future plans are pursued. In the interim, the property is described as flexible for agricultural operations and contractor storage, equipment staging, or laydown yard use.

The property is positioned for eventual industrial or employment redevelopment based on its employment-focused holding designation, while the existing residence provides an on-site structure for short-term use.

Key Highlights

  • ±10.03‑acre future employment land within Springfield’s Urban Growth Boundary
  • Zoned AGUH (Agriculture – Urban Holding Area) and designated Urban Holding Area for employment
  • Includes an existing ±1,823 SF residence for interim office, management, or caretaker space

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Pharmacy Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 97477, OR

37,602
Population
16,572
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
3,032
Density / Sq Mi
$63,574
Median Household Income
$35,645
Median Earnings
$1,176
Median Rent
$345,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Zoned AGUH and designated Urban Holding Area for employment, with an existing residence totaling approximately 1,823 SF.
Where is this industrial land located?
The property is located at 2755 South M Street Springfield, OR.
What is the asking price?
The asking price for this property is $2,178,000.
What are key features of this property?
This property features: ±10.03‑acre future employment land within Springfield’s Urban Growth Boundary; Zoned AGUH (Agriculture – Urban Holding Area) and designated Urban Holding Area for employment; Includes an existing ±1,823 SF residence for interim office, management, or caretaker space
(541) 556-4813 Call to check price and availability
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