48 48Th St Springfield, OR 97478

This exceptional 1.26-acre parcel, located at the intersection of 48th and Main Street in Springfield, Oregon, presents a unique investment opportunity. Zoned MUR (Mixed-Use Residential), this property offers significant development potential. The lot encompasses approximately 53,521 square feet, providing ample space for a variety of commercial and residential projects. Its strategic location offers excellent visibility and accessibility. A key advantage is its proximity to the soon-to-be-completed Cherry Springs Apartments, a 129-unit complex under construction along 48th Street. This burgeoning neighborhood promises increased foot traffic and a growing residential population, creating a strong foundation for future development. The property is situated in Lane County, Oregon, with a 97478 zip code. The asking price for this exceptional land parcel is $540,000. This represents a compelling opportunity to capitalize on the growth and potential of this vibrant Springfield location. Serious inquiries are encouraged.