Property profile

2090 Cross St Eugene, OR 97402

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1.1-acre industrial land parcel, located at 2090 Cross Street in Eugene, Oregon, presents a compelling leasing opportunity. Situated in Lane County, this property boasts a generous 47,916 square feet of space and is zoned for heavy industrial use (I-3). The lot is fully fenced and features a gravel surface, making it ideal for a variety of manufacturing and distribution operations. Currently, a portion of the property (10,000 square feet) is under lease, but the entire site will be available for lease starting September 2023, with the possibility of earlier availability depending on the existing tenant's departure. The property's single-tenant configuration offers a streamlined and efficient operational environment. The monthly lease rate is $2,750. This is a rare opportunity to secure a prime industrial location in a thriving area of Eugene, offering excellent access to transportation networks and a strong workforce. The property's size, zoning, and features make it suitable for a wide range of industrial businesses seeking a well-maintained and strategically located facility. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property's zip code is 97402.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

2090 Cross St 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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