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Property profile

255 Coburg Rd Eugene, OR 97401

OFF-MARKET
Retail properties & Spaces
2,944 SF Built 1980
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Property summary

AI-generated overview

This exceptional 2,944 square foot stand-alone retail building, located at 255 Coburg Rd in Eugene, Oregon (zip code 97401), presents a unique investment opportunity. Built in 1980 and boasting a convenient drive-thru lane and ample on-site parking, this property is ideally situated across from the bustling Oakway Center, ensuring high visibility and foot traffic. The C-2 Community Commercial zoning allows for a diverse range of uses, including bank, QSR/fast food, and storefront retail. The open floor plan offers flexibility for tenant build-out, and the property includes restrooms. Neighboring prominent businesses include Nordstrom Rack, Hyatt Hotel, Pottery Barn, Lululemon, TJ Maxx, Albertsons, PF Chang's, DSW, Sephora, and Natural Grocers. The property features monument signage and is listed at $1,600,000 with a NNN lease type. The Lane County Assessor's information lists the tax lot as 17-03-29-10-00501, with projected 2024-2025 real property taxes of $14,548.62. This vacant property is ready for immediate occupancy and offers significant potential for a strong return on investment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980
Total area 2,944 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service

Location

255 Coburg Rd Eugene, OR 97401
Eugene metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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