Technical
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Distress signals
Property profile

2400 State Hwy 99 Eugene, OR 97402

OFF-MARKET
Land
4.2 ac lot
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Property summary

AI-generated overview

This exceptional 4.2-acre commercial property presents a remarkable redevelopment opportunity for discerning investors. Located in Eugene, Oregon, at 2400 State Hwy 99 N, and encompassing addresses along State Hwy 99 N and OR-99, this C-2 zoned land offers unparalleled potential for retail or quick-service restaurant (QSR) development. The property's strategic location near the Jerry's Home Improvement exit off Beltline Highway ensures high visibility and accessibility, maximizing exposure to a substantial customer base. Drive-thru options are permitted under the C-2 zoning, adding further versatility to development plans. The asking price for this owner-user or retail redevelopment site is $3,600,000. This prime location in Lane County, Oregon, with its zip code 97402, provides an exceptional opportunity to capitalize on the thriving Eugene market. The expansive lot size allows for significant flexibility in design and construction, catering to a wide range of development concepts. This is a rare chance to acquire a highly desirable commercial parcel in a prime location, poised for significant return on investment. Don't miss this opportunity to secure a piece of Eugene's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 4.2 ac (182,952 SF)

Cap rate & NOI

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

Location

2400 State Hwy 99 Eugene, OR 97402
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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