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    OFF-MARKET
    Land

    0 Mill St, Eugene, OR 97401

    Property ID
    Property summary
    AI-generated overview

    This exceptional 6,969 square foot commercial land parcel, identified as APN 17-03-32-22-02501, presents a unique retail development opportunity in Eugene, Oregon's vibrant River District. Located on Mill Street, zip code 97401, this property is zoned S-DR (Downtown Riverfront Special Area), offering significant potential for a variety of commercial uses. The lot boasts convenient access to essential utilities, including water, sewer, electricity, natural gas, and fiber optic connections readily available at the curb. Its strategic location places it adjacent to a planned 617-unit residential development, the Downtown Riverfront Park, and the Ruth Bascom Bike Path, ensuring high visibility and foot traffic. This presents a rare chance to capitalize on the burgeoning growth of the Eugene River District, a dynamic area experiencing significant residential expansion and poised for substantial commercial development. The property is available for sale or ground lease, providing flexibility for potential investors. This is the only downtown area with direct river access, promising exceptional business and commercial opportunities within a thriving, diverse community. Invest in the future of Eugene's most exciting new development.

    Property profile
    Verified
    Property type Land
    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
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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