Listing Agency: Campbell Commercial Real Estate Show Phone

Listed By: Bill Newland · License #OR 200812038

Source: Crexi

Added: Feb 11 Changed: Aug 8 Last Checked: Aug 19 at 7:29AM

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Investment Insights

Based on property information with market context.

Two HI-zoned industrial parcels, totaling 8.56 acres, are available separately or together. The property includes a 5.91-acre parcel and a 2.65-acre parcel. The land is flat and usable, situated in an established industrial corridor with recently completed sidewalks and bioswales. It is ideal for manufacturing, yard use, storage, or industrial development. The location provides excellent access to Hwy 126 and I-5.

Key Highlights

• Two HI‑zoned industrial parcels totaling 8.56 acres
• Located in an established industrial corridor
• Excellent access to Hwy 126 and I‑5

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Pharmacy Big Box & Wholesale Store Nail Salon

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

292

Businesses Nearby

Explore this area Business Placement

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

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 - Two HI-zoned industrial parcels totaling 8.56 acres for sale.

Where is this industrial land located?

The property is located at 702 S 28th St Springfield, OR.

What are key features of this property?

This property features: Two HI‑zoned industrial parcels totaling 8.56 acres; Located in an established industrial corridor; Excellent access to Hwy 126 and I‑5