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    10 Coburg Rd. | Eugene, OR 97401

    Sponsored
    For Sale
    $799,000

    2,012 SF, 6.55% Cap Rate, Net Lease

    Property size:
    2,012 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A medical/office condominium, located at 10 Coburg Rd., Suite 200 in Eugene, Oregon (97401), presents a compelling investment opportunity. The 2,012 square foot single-tenant space is currently 100% occupied by Interpath Laboratory, Inc., under a modified gross lease, with the tenant occupying the space since December 31, 2013. The lease expires July 31, 2028, with a five-year renewal option, providing a remaining lease term of approximately 3.7 years. The property boasts five private offices, an exam room, lab, break room, and restroom, making it ideal for a variety of medical or traditional office uses. The building is situated in a high-traffic area with daily traffic counts exceeding 80,000 vehicles, offering excellent visibility and accessibility. The asking price is $799,000, yielding a 6.55% capitalization rate based on a Net Operating Income (NOI) of $52,363 in 2023. The 2023 annual operating expenses totaled $15,489, and property taxes for 2023-2024 were $8,266. The property is zoned C-2 (Community Commercial) and is part of The Ten Coburg, a premier professional office building in Eugene. This is a single-story building with one unit. This investment offers a strong, stable income stream with significant upside potential.

    Property Features for 10 Coburg Rd. |

    General Information

    Property type
    Medical offices
    Square Feet
    2,012 SF
    Class
    A

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Eugene's premier Class A professional office building, ideal for medical and dental practices.
    • High‑traffic location on Coburg Road, adjacent to the Ferry Street Bridge, with over 80,000 vehicles passing daily.
    • Excellent freeway access, ample parking, and convenient client access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Law Firm Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.08332296593
    Latitude
    44.060440203464

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    FAQs

    What type of property is this?
    Medical office - 2,012 SF, 6.55% Cap Rate, Net Lease
    Where is this medical office located?
    The property is located at 10 Coburg Rd. | Eugene, OR.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Eugene's premier Class A professional office building, ideal for medical and dental practices.; High-traffic location on Coburg Road, adjacent to the Ferry Street Bridge, with over 80,000 vehicles passing daily.; Excellent freeway access, ample parking, and convenient client access.
    Request Owner's contact information
    10 Coburg Rd. | Eugene, OR 97401
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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
    10 Coburg Rd. | Eugene, OR 97401
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