1533 Market StSpringfield, OR 97477

  • Commercial real estate
  • 0.98 AC
For Sale
$1,600,000 View listing

Property Details for 1533 Market St

Lot size
0.98 AC
Zone code
LD-LOW DENSITY RES
Property type
Commercial real estate
APN
17-03-25-33-08400-000
APU
1703253308400000

Description

This exceptional 0.98-acre property in Springfield, Oregon, features a 14,295 square foot building, originally constructed in 1954. Currently zoned R-1 (Low Density Residential), this versatile site presents a unique opportunity for either an owner-user or redevelopment into residential units. The single-story structure offers significant potential for adaptive reuse or demolition to make way for new construction. Its central location provides convenient access to downtown Springfield, the University of Oregon, and downtown Eugene, making it an attractive proposition for a variety of uses. The property's address is 1533 Market St, Springfield, OR 97477, and its Lane County APN is 1703253308400. The asking price is $1,600,000, translating to $111.93 per square foot. Additional seller terms apply. Interested parties should review supplemental information available online.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,012,373
    Hospitality
    $9,171,280
    Educational
    $7,630,397
    Medical
    $7,892,818
    Retail
    $11,869,507
1533 Market St, Springfield, Oregon

Location Insight

City
Springfield
County
Lane
State
Oregon
Latitude
44.0587
Longitude
-123.003
CBSA code
21660
CBSA name
EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
$1,035,815
-
$188,944
$1,581,388
$1,770,332

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