11 River Ave - C-2 Zoned Land - Development Opportunity 1.92 Acres of Commercial Land Offered at $2,750,000 in Eugene, OR 97404

INVESTMENT HIGHLIGHTS

  • High traffic and visibility
  • Close to North Eugene High School and surrounding neighborhoods
  • Tax exempt due to public ownership
  • Established retail corridor
  • All utilities at site

EXECUTIVE SUMMARY

REDUCED PRICE! A sizeable commercial development site in Eugene, Oregon, is now available for purchase. The 1.92-acre property is located at River Road and Beltline Hwy, a key connection between I-5 and Hwy 126. River Road is a central retail corridor in Eugene and is projected to fuel further residential growth, making this site ideal for commercial development.

PROPERTY FACTS

Price $2,750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.92 AC

1 LOT AVAILABLE

Lot

Price $2,750,000
Price Per AC $1,432,291.67
Lot Size 1.92 AC

Prime commercial site ready for development. All utilities and power are hooked up at site. Currently tax exempt due to public ownership.

DESCRIPTION

**PRICE REDUCED!** This property is located at the intersection of River Road and Beltline Highway, a key junction between I-5 and Hwy 126. Situated on River Road, a major retail corridor in Eugene, this location is perfectly positioned to support ongoing residential and commercial growth. The site is ideal for commercial uses, offering outstanding visibility and accessibility. This prime development opportunity combines a strategic location with significant potential for future growth.

Walk Score®
Very Walkable (76)
Bike Score®
Biker's Paradise (93)

ZONING

Zoning Code C-2 (Community Commercial)
  • Listing ID: 33475862

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 11 River Ave, Eugene, OR 97404