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    1450 High St Eugene, OR 97401

    Sponsored
    For Sale
    $3,200,000

    Prime Eugene Retail Space, Vacant

    Property size:
    8,201 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,201 square foot retail building, located at 1450 High Street in Eugene, Oregon, is available for $3,200,000. Built in 1971, this single-story structure sits on a substantial 34,413 square foot lot and boasts a convenient double drive-thru. The property features ample parking with 40 stalls and prominent pylon monument signage, ensuring high visibility. Currently vacant with an occupancy date of March 21, 2024, this property presents a unique investment opportunity. Zoned GO (General Office), it offers versatility for various commercial uses. The location is highly desirable, situated in a vibrant area with a mix of residential, commercial, and institutional neighbors. Nearby establishments include 7-Eleven, various restaurants, breweries, Safeway, the University of Oregon campus, and PeaceHealth Sacred Heart Medical Center. The property's location within a "Walker's Paradise" (Walk Score of 97) further enhances its appeal. Lot numbers are 17-03-31-41-02900 & 17-03-31-44-01000. The price per square foot is $390.20.

    Property Features for 1450 High St

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,201 SF

    Building Details

    Year Built
    1971
    Buildings
    1
    Stories
    1

    HighLights

    • 8,201 SF retail building on a 34,413 SF lot in Eugene, OR, available for $3,200,000.
    • Single‑story building with double drive‑thru, built in 1971.
    • 40 parking stalls and prominent pylon signage.
    • Vacant, with an occupancy date of March 21, 2024.
    • GO zoning allows for versatile commercial uses.
    • Excellent location in a vibrant area near University of Oregon and major amenities, with a Walk Score of 97.
    Property Profile Location Intelligence

    Current Use by Public Records

    Columbia bank Bank

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Hair Salon Building Supply Nail Salon Clothing Store Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.0886123
    Latitude
    44.0439931

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    FAQs

    What type of property is this?
    Individual retail property - Prime Eugene Retail Space, Vacant
    Where is this individual retail property located?
    The property is located at 1450 High St Eugene, OR.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 8,201 SF retail building on a 34,413 SF lot in Eugene, OR, available for $3,200,000.; Single-story building with double drive-thru, built in 1971.; 40 parking stalls and prominent pylon signage.
    Request Owner's contact information
    1450 High St Eugene, OR 97401
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    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
    1450 High St Eugene, OR 97401
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