Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

950 Seneca Rd Eugene, OR 97402

  • Commercial real estate
  • 0.84 lot acres
Value Estimation
Last Sale
Apr 02, 2020
$1,970,000
Location Intelligence
Property ID
US71-0696100
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 950 Seneca Rd

Lot size
0.84 lot acres
Zone code
C-2-COMMUNITY COMMERCIAL
Property type
Commercial real estate
APN
17-04-35-20-01601-000
APU
1704352001601000

Description

This exceptional investment opportunity presents a 6,000 square foot, single-tenant restaurant building situated on a 36,950 square foot lot in Eugene, Oregon. Located within a bustling Fred Meyer shopping center parking lot, this property enjoys high visibility and significant traffic counts, exceeding 32,070 vehicles daily at the intersecting signalized intersection of Seneca Road and W 11th Avenue. The building, formerly an Izzy's Pizza, is fully equipped with a complete kitchen, including a hood system, pizza ovens, and grills, making it a turnkey operation for a quick-service restaurant or similar establishment. Ample on-site parking ensures convenient access for customers. The asking price for this prime retail property is $2,000,000. This location in the 97402 zip code offers an ideal setting for a restaurateur seeking to establish or expand their business in a high-traffic area with excellent visibility and convenient customer parking. The property's size and existing infrastructure present a significant advantage for a quick and efficient launch. This is a rare opportunity to acquire a well-positioned, fully equipped restaurant in a thriving commercial area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,490,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,115,000
    6.5%
    $2,205,000
    7%
    $1,930,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,945,000
    Geo Method
    $1,835,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,975,000
    Retail
    $2,070,000
    Mixed-Use
    $2,015,000
    Hospitality
    $2,095,000
    Educational
    $1,790,000
    Residential Income
    $2,040,000
    Energy
    $2,175,000
    Income-Based Land
    $2,030,000
    Food Service
    $1,620,000

Location Insight

  • Map
  • Local Demand
City
Eugene
County
Lane
State
Oregon
Longitude
-123.141
Latitude
44.05
CBSA code
21660
CBSA name
EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,148
$0.00
$0.00
$867,530
-
$1,822,200
$547,545
$2,369,745
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message