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    196 Wallis St Eugene, OR 97402

    Sponsored
    For Lease
    Contact for pricing

    4,050 SF Warehouse - Multiple Units Available

    Lot size:
    4,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,050-square-foot warehouse space in West Eugene, Oregon, presents a fantastic opportunity for businesses seeking flexible industrial space. Located at 196 Wallis St., in Lane County, this property offers multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 2,050 square feet. Currently, the entire 4,050 square feet is vacant and ready for immediate occupancy. The warehouse boasts a generous 14-foot ceiling height, providing ample vertical space for storage or high-bay racking systems. The property is zoned I-2 (Light Medium Industrial), allowing for a wide range of industrial uses. This prime location in Eugene, Oregon (zip code 97402) offers convenient access to major transportation routes, making it ideal for businesses requiring efficient logistics. The property is available for lease and presents a rare opportunity to secure a well-maintained, versatile warehouse space in a thriving industrial area. Contact us today to schedule a viewing and explore the possibilities this property offers for your business.

    Property Features for 196 Wallis St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,050 SF

    Unit(s) available at that property

    Space
    Unit D
    Size
    2,000 SF
    Space
    Unit C
    Size
    2,050 SF

    HighLights

    • 4,050 SF warehouse available for lease in West Eugene, OR.
    • Divisible into two units: 2,050 SF and 2,000 SF.
    • Each unit features a 12' x 12' roll‑up door, 120 SF of office space, and a restroom.
    • 14' ceiling height.
    • I‑2 (Light Medium Industrial) zoning.
    • $0.85/SF/month modified gross (tenant pays utilities, janitorial, and $100/month for water/sewer).
    Property Profile Location Intelligence

    Current Use by Public Records

    Bedrock Property Management ... Property Management Company Gansen Construction Custom Home Builder

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.15443672
    Latitude
    44.05698747

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    FAQs

    What type of property is this?
    Distribution property - 4,050 SF Warehouse - Multiple Units Available
    Where is this distribution property located?
    The property is located at 196 Wallis St Eugene, OR.
    What are key features of this property?
    This property features: 4,050 SF warehouse available for lease in West Eugene, OR.; Divisible into two units: 2,050 SF and 2,000 SF.; Each unit features a 12' x 12' roll-up door, 120 SF of office space, and a restroom.
    Request Owner's contact information
    196 Wallis St 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
    196 Wallis St Eugene, OR 97402
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