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Versatile Industrial Building in Eugene

3195 & 3215 Meadow Lane Eugene, OR 97402

Claim this Listing
For Sale
$2,200,000

Industrial building with warehouse and office space for sale.

Type:IND, IND-WHSE
Property size:
19,360 SF
Price / SF:
$113/SF
Added:
Jun 30, 2025
Days on Market:
378
Last Refresh:
Jun 28 at 9:38 pm

Property Features for 3195 & 3215 Meadow Lane

General Information

Standard status
Active
Size
19,360 SF
Property subtype
IND, IND-WHSE

Listing office RareBird Real Estate

Listing date Jun 30, 2025

Source Realnex

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 RareBird Real Estate


Investment Insights

Based on property information with market context.

Located in Eugene, Oregon, this industrial property at 3195 & 3215 Meadow Ln offers approximately 19,360 square feet of space between two buildings. The property is suitable for a range of industrial uses. It features a spacious warehouse area with high ceilings and large bay doors to facilitate loading and unloading. The building also includes multiple office spaces, restrooms, and storage areas, providing flexibility for various business operations.

Key Highlights

  • Approximately 19,360 square feet of space.
  • Versatile industrial building suitable for a wide range of uses.
  • Located in the heart of Eugene, Oregon.

Local Financial Insights For Industrial

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 $278.8k $14.40
− Vacancy −$12.5k −$0.65
EGI $266.2k $13.75
− OpEx −$79.9k −$4.13
NOI $186.4k $9.63
19,360 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$4.23M
$3.70M – $4.94M (±1% cap)
NOI $296,208 @ 7.0% cap · market cap 13.46%
Second Best
Warehouse
$2.95M
$2.58M – $3.44M (±1% cap)
NOI $206,358 @ 7.0% cap · market cap 9.38%
Theoretical Best
Office A
$5.84M
$5.11M – $6.81M (±1% cap)
NOI $408,883 @ 7.0% cap · market cap 18.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Dental Office Nail Salon Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Hair Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • SnoTemp Cold Storage — 310 Seneca Rd, Eugene, OR 97402
  • Arctic Cold Storage LLC — 2730 Roosevelt Blvd, Eugene, OR 97402
  • Jurassic Storage — 272 Wallis St, Eugene, OR 97402
  • U-Box Moving & Storage of West Eugene — 3310 Roosevelt Blvd, Eugene, OR 97402
  • North American Van Lines — 3330 Roosevelt Blvd Suite 100, Eugene, OR 97402

FAQs

What type of property is this?
Warehouse - Industrial building with warehouse and office space for sale.
Where is this warehouse located?
The property is located at 3195 & 3215 Meadow Lane Eugene, OR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approximately 19,360 square feet of space.; Versatile industrial building suitable for a wide range of uses.; Located in the heart of Eugene, Oregon.
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