Property profile

1455 Main St Springfield, OR 97477

FOR SALE
Vacant Commercial
Property ID
US71-0535026
0.23 ac lot
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Property summary

AI-generated overview

This bare land parcel is zoned Community Commercial (CC) and has street frontage on Main Street and S 15th Street, with approximately 112 feet of frontage on Main Street and approximately 144 feet of frontage on S 15th Street. The lot covers approximately 0.23 acres and is located near central Springfield, McKenzie Willamette Hospital, and nearby retail and dining options. The site is suited for potential commercial development consistent with the CC zoning designation, subject to verification of allowable uses and any applicable City of Springfield code or plan requirements, including any relevant Housing + Design Initiative updates.

Property profile

Verified
Property type Vacant Commercial
Lot 0.23 ac (10,019 SF)
APN 17-03-36-32-05300-00
UPID US71-0535026

Cap rate & NOI

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

Location

1455 Main St Springfield, OR 97477
Springfield metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
Last sale
$855,000
1 recorded transaction
2020
Price N/A
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