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    4714 Royal Ave Eugene, OR 97402

    Sponsored
    For Lease
    $21 SF/Yr ($2,100 /Mo)

    Prime retail space, 1200 sq ft, fully vacant.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,200 square foot retail space is available for lease at 4714 Royal Ave in Eugene, Oregon. Located in Lane County, this single-tenant property offers a fantastic opportunity for a business seeking a prominent location. The entire 1,200 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property is classified as a shopping center, suggesting potential for high foot traffic and visibility. The address is 4714 Royal Ave, Eugene, OR 97402. This property presents a unique chance to establish a retail presence in a desirable area of Eugene. The building's size makes it ideal for a variety of retail uses, from smaller boutiques to service-oriented businesses. Its single-tenant occupancy ensures complete control and flexibility for the lessee. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property's location within Lane County provides access to a robust local market and convenient transportation links. This is a rare opportunity to secure a fully vacant, well-situated retail space in a thriving Oregon city.

    Property Features for 4714 Royal Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF
    Total Rate
    2100

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,200 SF
    Rate per SF
    $21

    HighLights

    • Albertsons and Bi‑Mart anchored shopping center.
    • Abundant parking with high visibility.
    • Suite features reception area, five offices, and an ADA‑compliant restroom.
    • $21.00/SF/year NNN.
    • Estimated NNN expenses: $9.22/SF/year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm 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
    -123.178672
    Latitude
    44.0686877

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, 1200 sq ft, fully vacant.
    Where is this retail property located?
    The property is located at 4714 Royal Ave Eugene, OR.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Albertsons and Bi-Mart anchored shopping center.; Abundant parking with high visibility.; Suite features reception area, five offices, and an ADA-compliant restroom.
    Request Owner's contact information
    4714 Royal Ave Eugene, OR 97402
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    Eugene, OR 97402
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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
    4714 Royal Ave Eugene, OR 97402
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