Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    400 International Way Springfield, OR 97477
    Back to Search
    Property profile & analytics

    400 International Way Springfield, OR 97477

    View on Map
    • Commercial real estate
    • 82,696 SF
    For Sale
    $19,700,000
    View Listing →
    Springfield Office Building For Sale For Sale
    $19,700,000
    78,204 SF

    Springfield Office Building For Sale

    78,204 square foot office building available for purchase.

    400 International Way, Springfield, OR 97477
    View Listing
    Property ID
    US71-0869113
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Voyent Capital / Real Estate Agency
    • Hawes Group, Inc. / Financial Advisor
    • Professional Credit Service / Accounting Firm / Loan Service
    • HeRO Business Services / Financial Advisor
    • AccessOne / Bank / Credit Union

    Property Details for 400 International Way

    Property size
    82,696 SF
    Property type
    Commercial real estate

    Description

    This exceptional Class A office space, located in the Hawes Financial Building at 400 International Way in Springfield, Oregon, offers two immediately available suites. Suite 220 encompasses approximately 6,162 square feet, while Suite 250 offers approximately 6,574 square feet. The building boasts a prime location near the Gateway and Beltline intersection, providing convenient access and high visibility. Tenants enjoy access to shared amenities including common area restrooms, a well-equipped kitchen, a modern fitness facility complete with showers, and a relaxing outdoor deck. A coffee shop is conveniently located within the main lobby. Ample on-site parking is available for tenants and their guests. The building is a three-story structure with a total of 82,696 square feet. The current master lease extends until July 30, 2026. The fully serviced space is available at a rate of $22.00 per square foot. This presents a fantastic opportunity for businesses seeking high-quality, well-appointed office space in a desirable location within Lane County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Lane
    State
    Oregon
    Longitude
    -123.03498907929
    Latitude
    44.088916502502

    Comparable in this City

    • Contact for pricing

      Premium Medical/Professional Office Space

      3,610 SF medical/professional office space in Class A building.
      2650 Suzanne Way, Eugene, OR 97408
      View Details
    • Contact for pricing
      2,367 SF

      Coburg Office Space For Rent

      Downtown Coburg office space featuring open area and private offices.
      32670 E Mill St, Eugene, OR 97408
      View Details
    • Contact for pricing

      Professional Office Space Available

      Office and medical space for rent near Peacehealth Hospital.
      400 International Way, Eugene, OR 97408
      View Details
    • Contact for pricing
      36,243 SF

      Eugene Office Space For Rent

      36,243 square foot office space available for lease.
      3125 Chad Dr, Eugene, OR 97408
      View Details
    • Contact for pricing

      Professional Office Space For Lease

      Professional office space available for lease.
      91302 Coburg Industrial Way, Coburg, OR 97408
      View Details
    • $1,734 /Mo
      2,279 SF

      Office Space with High Ceilings

      Office space featuring 14-foot ceilings and convenient freeway access.
      3003 N Delta Hwy, Eugene, OR 97408
      View Details

    Similar Nearby for Sale

    • $1,595,000
      7,127 SF

      Office/Warehouse Building with Development Site

      Office/warehouse with development site near I-5 in Eugene, Oregon.
      90681 Huntley Ct, Eugene, OR 97408
      View Details
    • $725,500
      2,708 SF

      Corner-Lot Duplex in Lake Shore

      Duplex with flexible living options in gated community.
      2063 Lake Wind Dr, Eugene, OR 97408
      View Details
    • $620,000
      2,256 SF

      Duplex in Gated Community

      Well-maintained duplex with income potential in Lake Shore Estates.
      1880 Lake Cove Ave, Eugene, OR 97408
      View Details
    • $3,185,000
      17,810 SF

      Retail Property with Lease in Place

      Retail property for sale with existing lease until 2029.
      1060 Green Acres Rd, Eugene, OR 97408
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Premium Medical/Professional Office Space

      3,610 SF medical/professional office space in Class A building.
      2650 Suzanne Way, Eugene, OR 97408
      View Details
    • Contact for pricing
      2,367 SF

      Coburg Office Space For Rent

      Downtown Coburg office space featuring open area and private offices.
      32670 E Mill St, Eugene, OR 97408
      View Details
    • Contact for pricing

      Professional Office Space Available

      Office and medical space for rent near Peacehealth Hospital.
      400 International Way, Eugene, OR 97408
      View Details
    • Contact for pricing
      36,243 SF

      Eugene Office Space For Rent

      36,243 square foot office space available for lease.
      3125 Chad Dr, Eugene, OR 97408
      View Details
    • Contact for pricing

      Professional Office Space For Lease

      Professional office space available for lease.
      91302 Coburg Industrial Way, Coburg, OR 97408
      View Details
    • $1,734 /Mo
      2,279 SF

      Office Space with High Ceilings

      Office space featuring 14-foot ceilings and convenient freeway access.
      3003 N Delta Hwy, Eugene, OR 97408
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 International Way
    Springfield, OR 97477
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    400 International Way, Springfield, OR, 97477
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!