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    121 River Ave Eugene, OR 97404

    Sponsored
    For Sale
    $1,300,000

    Eugene, OR: Prime Retail Opportunity

    Property size:
    4,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 121 River Ave in Eugene, Oregon, presents a compelling investment opportunity. The 4,540 square foot building sits on a sizable 0.8-acre lot, fully fenced for enhanced security and privacy. Currently zoned C-2 (Community Commercial), this property offers significant potential for a variety of retail uses. The asking price is $1,300,000, translating to a price per square foot of $286.34. The property's location in Lane County, Oregon, within the 97404 zip code, provides excellent access to a thriving local market and strong consumer base. The substantial lot size also presents additional development opportunities, allowing for expansion or the addition of complementary structures, subject to local zoning regulations. This versatile property is ideal for an owner-operator seeking a prime retail location or an investor looking for a strong return on investment in a desirable market. The existing building provides immediate income potential, while the ample land offers significant future upside. Don't miss this chance to acquire a well-situated retail property with considerable growth potential in a vibrant Oregon community. Detailed zoning information and site plans are available upon request.

    Property Features for 121 River Ave

    General Information

    Property type
    Retail properties
    Square Feet
    4,540 SF
    Lot Size
    34,848 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.1251828
    Latitude
    44.0961974

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    FAQs

    What type of property is this?
    Retail property - Eugene, OR: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 121 River Ave Eugene, OR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (541) 345-4860
    Request Owner's contact information
    121 River Ave Eugene, OR 97404
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    Eugene, OR 97404
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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
    121 River Ave Eugene, OR 97404
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