Renovated Manufacturing
For Sale
$1,700,000
940 WILSON St, Eugene, OR 97402
CommercialSale, Eugene, OR
Property Size11,460 SF
Lot Size0.61 Acres
Price / SF$148.34
Days on Market181
Property Features for 940 WILSON St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-3
View
City
Directions
W. 11th to Wilson to Address
Subdivision
_245
Standard status
Active
APN
0466977
Size
11,460 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Description
To be provided by escrow
Tax Annual Amount
8802
Legal Description
To be provided by escrow
Utilities
Heating system
Forced Air, Radiant
Cooling system
Central Air
Building Details
Year built
1972
Floors in Building
1
Building materials
Concrete, Frame
Roof type
Composition
Listing Agency:
Windermere RE Lane County · Windermere Real Estate
(541) 484-2022
Listed By:
Kristena Cox
(541) 501-3399
Added: Apr 13
Changed: Oct 9
Last Checked: Oct 10 at 7:06AM
MLS# 406899563
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 11,460-square-foot manufacturing facility includes office space, a production area, and a warehouse under one roof. The property was built in 1972, fully renovated in 2019, and uses concrete and frame construction with a composition roof. Heating includes radiant and forced-air systems, while central air provides cooling.
The 0.61-acre property is located at 940 Wilson St in Eugene, Oregon, within the 97402 postal area. Zoned I-3, the facility is equipped with 3-phase power and a 480-volt transformer. Its improvements also include a CTU construction system, supporting the building’s manufacturing-oriented configuration.
The 0.61-acre property is located at 940 Wilson St in Eugene, Oregon, within the 97402 postal area. Zoned I-3, the facility is equipped with 3-phase power and a 480-volt transformer. Its improvements also include a CTU construction system, supporting the building’s manufacturing-oriented configuration.
Key Highlights
- 11,460 square feet of manufacturing, office, production, and warehouse space
- Fully renovated in 2019
- I‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,152
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,443,040
$2.4M
Cap Rate 7%
$1,745,029
$1.7M
Cap Rate 9%
$1,357,244
$1.4M
Market Conditions
NOI Build-Up for 11,460 SF
Gross rent
$151.3K $13.20/SF
− Vacancy
−$7.6K −$0.66/SF
EGI
$143.7K $12.54/SF
− OpEx
−$21.6K −$1.88/SF
NOI
$122.2K $10.66/SF
Area
Eugene, OR
Vacancy
5.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,443,040
Cap Rate 7%
$1,745,029
Cap Rate 9%
$1,357,244
Alternative Uses
Best Use
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,152 @ 7.0% cap · market cap 7.19%
Second Best
Industrial
$1.58M
$1.38M – $1.84M
NOI $110,319 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$3.46M
$3.03M – $4.03M
NOI $242,035 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Explore this area
Business Placement
Demographics for 97402, OR
56,610
Population
23,882
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
91%
High-School Grad
68.6 sq mi
ZIP Area
825
Density / Sq Mi
$55,743
Median Household Income
$35,728
Median Earnings
$1,287
Median Rent
$330,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility combining dedicated offices, production space, and warehouse functions with upgraded electrical capacity.
Where is this manufacturing property located?
The property is located at 940 WILSON St Eugene, OR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 11,460 square feet of manufacturing, office, production, and warehouse space; Fully renovated in 2019; I‑3 zoning
