498 A St, Springfield, OR 97477
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.
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
Similar Nearby for Lease
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.