1483 Main St, Springfield, OR 97477
This exceptional 0.29-acre commercial lot, located at 1483 Main Street in Springfield, Oregon (zip code 97477), presents a unique investment opportunity. Zoned Community Commercial (CC), this property boasts 112 feet of high-visibility road frontage on Main Street, providing excellent exposure for any business. The lot's strategic location within Springfield's Urban Renewal Plan offers potential access to incentives and programs designed to support new businesses. The area features a blend of residential and commercial properties, creating a dynamic and diverse neighborhood. Buyers are encouraged to independently verify permitted uses with the City of Springfield to determine development possibilities. This is an ideal site for establishing a new workspace, a work-from-home business, or launching a new venture. The asking price is $250,000. Don't miss this chance to secure a prominent location in a thriving community. Further information on available incentives and programs can be found at the City of Springfield's website (link provided in original listing).
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
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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.