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    OFF-MARKET
    Commercial real estate

    1483 Main St, Springfield, OR 97477

    0.29 ac lot
    Property ID
    US71-0237547
    Property summary
    AI-generated overview

    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).

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.29 ac (12,632 SF)
    UPID US71-0237547
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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