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    2080 Riverview St Eugene, OR 97403

    Sponsored
    For Sale
    $1,300,000

    Prime East Eugene land, 12 lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3-acre development opportunity in desirable East Eugene presents twelve residential lots, resulting from a completed partition. The property boasts an advantageous location with frontage on Riverview Street and Bristol Lane, offering convenient access to the University of Oregon, downtown Eugene, and major highways. Its proximity to Hendricks Park adds significant appeal. The site includes an existing 1,575 square-foot, 4+ bedroom, 2-bathroom home currently leased to Oregon State University for $2,654 per month through May 31, 2025, with a tenant option to renew. The lease provides immediate income while development plans are underway. Lots average approximately 10,800 square feet (approximately a quarter acre each). A preliminary infrastructure budget is available for review. This is a rare chance to acquire a fully partitioned, twelve-lot residential subdivision in a highly sought-after East Eugene location. The asking price is $1,300,000.

    Property Features for 2080 Riverview St

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Prime 3‑acre East Eugene site, near University of Oregon, downtown, and major highways. Street frontage on Riverview Street and Bristol Lane in Hendricks Park.
    • 12‑lot subdivision created by new Middle Housing Partition, including existing home. Lots average 10,800 sq ft.
    • Existing 1,575 sq ft, 4+ bed, 2 bath house leased to Oregon State University at $2,654/month through May 31, 2025, with one renewal option.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Clothing Store Building Supply Gym & Fitness Pharmacy Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.05188284305
    Latitude
    44.036166029748

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    FAQs

    What type of property is this?
    Land - Prime East Eugene land, 12 lots.
    Where is this land located?
    The property is located at 2080 Riverview St Eugene, OR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Prime 3-acre East Eugene site, near University of Oregon, downtown, and major highways. Street frontage on Riverview Street and Bristol Lane in Hendricks Park.; 12-lot subdivision created by new Middle Housing Partition, including existing home. Lots average 10,800 sq ft.; Existing 1,575 sq ft, 4+ bed, 2 bath house leased to Oregon State University at $2,654/month through May 31, 2025, with one renewal option.
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    Eugene, OR 97403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2080 Riverview St Eugene, OR 97403
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