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    OFF-MARKET
    Land

    1930 Empire Park Dr, Eugene, OR 97402

    2.09 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.09-acre commercial property in Eugene, Oregon, presents a lucrative investment opportunity. Located at 1930 Empire Park Dr, 97402, this land boasts a highly desirable C-2 zoning designation, allowing for a variety of commercial uses. The property comprises three tax lots and features existing improvements including a substantial 4,000 square foot shop and a 1,790 square foot office space. Currently generating a strong annual net income of $114,000 from three tenants, this property offers immediate cash flow. The existing leases are structured as new 5-year agreements with tenant options, providing stability and future growth potential. The property is fully paved, securely fenced, and well-maintained, ensuring peace of mind for the investor. This is a rare opportunity to acquire a high-performing commercial property in a thriving Oregon market. The strategic location and existing infrastructure make this an ideal investment for both seasoned and emerging commercial real estate investors seeking a strong return on investment. Don't miss this chance to own a piece of Eugene's vibrant commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 2.09 ac (91,040 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Scothorn's Auto Repair Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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