Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    29Th Ave Eugene, OR 97405

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Eugene location, 1196 sq ft available.

    Lot size:
    1,196 SF

    Property Features for 0 29Th Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,196 SF

    Spaces For Lease

    at 0 29Th Ave, Eugene, OR 97405 Contact us

    We can help!

    Listing Contact
    Tim Campbell
    Tim Campbell

    Listing Agency: Campbell Commercial Real Estate Listing Agent: Tim Campbell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail space, totaling 1,196 square feet, is ideally situated at the intersection of Willamette Street and West 29th Avenue in Eugene, Oregon. Located in Lane County, this property offers a unique opportunity for businesses seeking high visibility and convenient access. The entire space is currently vacant, presenting a blank canvas for a new tenant to customize to their specific needs. The property is classified as a commercial shopping center with multiple tenancy potential, making it suitable for a variety of retail uses. The address is easily accessible and benefits from high foot traffic and excellent visibility. With a total building square footage of 1,196 square feet, this property provides ample space for a diverse range of retail operations. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence in this thriving Eugene neighborhood. The zip code is 97405. This is a fantastic opportunity to secure a prominent retail location in a dynamic and growing area of Eugene. The property's location offers excellent exposure to a large customer base. Serious inquiries are encouraged to explore this exceptional retail space. The property is currently available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.090693
    Latitude
    44.0261931

    Nearby Similar for Lease

    • $10 SF/Yr
      171,949 SF

      Eugene Office & Industrial Space

      Flexible space, multiple options available.
      3500 Chad Dr, Eugene, OR 97408
      View Details
    • $61 SF/Yr
      9,772 SF

      Coburg Road Medical Office Condo

      9,772 SF Medical Office Suite for Lease/Sale
      10 Coburg Rd, Eugene, OR 97401
      View Details
    • $8 SF/Yr
      22,500 SF

      Eugene Industrial Warehouse Space

      22,500 SF Warehouse - Prime Location
      1879 2Nd Ave, Eugene, OR 97402
      View Details
    • Contact for pricing
      107,708 SF

      Eugene Industrial Property for Lease

      Industrial property suitable for cannabis cultivation, manufacturing, and distribution.
      3590 W 3Rd Ave, Eugene, OR 97402
      View Details
    • $10 SF/Yr
      2,310 SF

      Eugene Office Building - Westgate Park

      Prime 2,310 sq ft office, single tenant.
      50 Danebo Ave, Eugene, OR 97402
      View Details
    • Contact for pricing
      147,481 SF

      Eugene Retail Pads - Valley River Center

      Prime Retail Space, Multiple Options Available
      0 Pads At Vly Riv Ctr, Eugene, OR 97401
      View Details
    • $12 SF/Yr
      19,907 SF

      Chambers Media Center: Prime Office Space

      19,907 SF Executive Office, Lane County
      2975 Chad Dr, Eugene, OR 97408
      View Details
    • $12 SF/Yr
      3,420 SF

      Prime Eugene Executive Office Space

      3,420 SF Office, Available Now
      808 Pearl St, Eugene, OR 97401
      View Details
    • $27 SF/Yr
      8,679 SF

      Eugene Medical Office Suites

      Class A medical space, two suites available
      330 Garden Way, Eugene, OR 97401
      View Details
    • Contact for pricing
      58,193 SF

      Valley River Center Office Space

      Prime Lane County office, 58,193 sq ft available.
      600 Valley River Ctr, Eugene, OR 97401
      View Details
    • Contact for pricing
      30,370 SF

      Eugene WinCo Retail Opportunity

      Prime Retail Pad - 30,370 SF Available
      4275 Barger Dr, Eugene, OR 97402
      View Details
    • $22 SF/Yr
      7,927 SF

      Historic Eugene Office Space

      Prestigious downtown Eugene office, flexible spaces available.
      132 Broadway, Eugene, OR 97401
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Eugene location, 1196 sq ft available.
    Where is this retail property located?
    The property is located at 29Th Ave Eugene, OR.
    What are key features of this property?
    This property features: 1,196 square foot retail suite.; Neighborhood shopping center anchored by Market of Choice, Rite Aid, Office Max, PetSmart, and Big 5 Sporting Goods.; High traffic counts.
    (541) 484-2214 Call to check price and availability
    Request Owner's contact information
    29Th Ave Eugene, OR 97405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29Th Ave
    Eugene, OR 97405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    29Th Ave Eugene, OR 97405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tim Campbell
    Tim Campbell
    Real Estate License ID: 950100171
    (541) 484-2214 (541) 521-0404
    Learn more
    Google sign-in failed. Please try again or use another login method.