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    OFF-MARKET
    Land

    2400 State Hwy 99, Eugene, OR 97402

    4.2 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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