1035 Madera St
Eugene, OR 97402
Madera Re-Development Opportunity · Industrial Property For Sale

This is an income-producing industrial land-bank opportunity consisting of a 0.43-acre site with I-2 (Light/Medium Industrial) zoning, a fully fenced/gated yard, and an on-site 1,026 SF, 3-bed/1-bath house with a detached garage.
This is a “carry-now, improve-later” asset designed for buyers seeking (i) current cash flow from multiple income streams while (ii) evaluating mark-to-market rent potential and/or future redevelopment feasibility (buyer to verify).
** I-2 Industrial zoning in a central Eugene pocket
**Rare fenced industrial yard + residential improvements with multiple potential use paths (buyer to verify)
** Fully fenced / gated yard with multiple access points
In-place income (multiple tenants): $19,200/year ($1,600/month)
Estimated operating expenses: $4,472/year (Taxes $2,227 | Insurance $1,265 | Maintenance $980 – one-time landscape cleanup)
Net Operating Income (NOI): $14,728/year (~$1,227/month)
Cap Rate: ~4.5% | Gross Yield: ~5.9%
Value-Add / Upside Case (Illustrative)
Modest rent upside target (illustrative): $2,000/month ($24,000/year)
Illustrative NOI: $19,528/year (~$1,627/month)
Illustrative Cap Rate: ~6.0% | Gross Yield: ~7.4%
Financing Note:
A local lender, Blue-inc. Capital is familiar with the property and would lend up to 60% LTV for a qualified buyer.