2400 State Hwy 99, Eugene, OR 97402
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.