Property profile

498 A St Springfield, OR 97477

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.52-acre commercial land parcel, situated on three tax lots in downtown Springfield, Oregon, presents a unique build-to-suit opportunity. Located at 498 A Street, 97477, this property boasts a highly desirable Mixed-Use Commercial (MUC) zoning designation, offering unparalleled flexibility for development. Its prime location places it in close proximity to key Springfield landmarks, including City Hall, the Wildish Theatre, and the LTD Station, ensuring high visibility and accessibility. The single-tenant zoning allows for focused development tailored to a specific business need. The seller is offering a build-to-suit arrangement, providing a streamlined path to realizing your vision. This is an exceptional chance to acquire a strategically located parcel in a thriving Oregon city, ideal for a variety of commercial ventures. The property is conveniently located in Lane County and offers significant potential for growth and return on investment. The 0.52 acres provide ample space for a substantial development, while the existing infrastructure and proximity to amenities further enhance its appeal. This is a rare opportunity to secure a prime commercial site in a dynamic urban setting. Don't miss this chance to create a thriving business in a vibrant community.

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

498 A St Springfield, OR 97477
Springfield metro
Google Maps

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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