For Sale
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Property summary
This exceptional 0.48-acre commercial lot at 171 Washington Street in Eugene, Oregon, presents a unique investment opportunity. Located in the Special Whiteaker (S-W) zone, this property offers unparalleled flexibility for diverse development projects. The zoning permits multifamily, commercial, and industrial uses, catering to a wide range of potential ventures. The lot boasts a highly desirable corner location with convenient alley access, simplifying logistics and construction. Significant groundwork has already been completed, including grading and utility availability, saving considerable time and expense for future development. A substantial investment has already been made, with over $90,000 in transferable System Development Charges (SDCs) already paid, representing a significant cost savings for the buyer. This prime location in the heart of Eugene, coupled with its versatile zoning and pre-existing infrastructure, makes this property an exceptional opportunity for developers seeking a strategic foothold in a thriving market. The asking price is $750,000. The property's address is 171 Washington St, Eugene, OR 97401, and is situated in Lane County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU-W/SR · Eugene, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for MU-W/SR in Eugene, OR.
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