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2080 Riverview St - 2080 Riverview | 12 Lot Development
2.97 Acres of Commercial Land Offered at $1,300,000 in Eugene, OR 97403
EXECUTIVE SUMMARY
The approximate 3 acre site lies in East Eugene with easy access to the University of Oregon, Downtown and allmajor highways with street frontage on Riverview Street and Bristol Lane in Hendricks Park.
IMPROVEMENT
The new Middle Housing Partition has created a twelve (12) lot subdivision which includes retaining the original house as one of the lots. The new lots average approximately a quarter acre or 10,800 square feet.
The existing home is a 4+ bedroom, 2 bathroom house - approximately 1,575 square feet - that has been leased to Oregon State University. Lease rate currently is $2,654 per month. The property is leased through May 31, 2025 and tenant has one additional option to renew.
PROPERTY FACTS
| Price | $1,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 2.97 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 2.97 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $1,300,000 | Lot Size | 2.97 AC |
| Price Per AC | $437,710.44 |
| Price | $1,300,000 |
| Price Per AC | $437,710.44 |
| Lot Size | 2.97 AC |
12 Lot Residential Development • Middle Housing Land, partition completed • Lots average ~10,800 sf | ~.25 AC • Existing Leased 4+ Bed | 2 Bath home, + 11 Lots • Preliminary infrastructure budget available • Frontage on Riverview St. & Bristol Ln.
DESCRIPTION
EAST EUGENE | HENDRICKS PARK | 12 LOT PARTITIONED DEVELOPMENT • Twelve lot Middle Housing Land, partition completed • Lots average approximately 10,800 square feet • Existing 4+ Bed | 2 Bath home leased to Oregon State University for $2,564 per month through 5/31/2025 • Eleven additional lots • Preliminary infrastructure budget available • Frontage on Riverview and Bristol Lane; adjacent to Hendricks Park • $1,300,000
PROPERTY TAXES
| Parcel Number | 0584654 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $34,599 |
PROPERTY TAXES
ZONING
| Zoning Code | R-1 (Low Density Residential) |
| R-1 (Low Density Residential) |
Presented by
2080 Riverview St - 2080 Riverview | 12 Lot Development
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