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4399 Franklin Blvd - Riverfront Development Opportunity 6.21 Acres of Commercial Land Offered at $2,700,000 in Eugene, OR 97403

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INVESTMENT HIGHLIGHTS

  • 6.21-acre flat, highly buildable riverfront site
  • Prime visibility at Glenwood–Downtown connector
  • Flexible GEMU zoning: office, R&D, tech/light industrial, education, medical
  • Strong utility, transit, and downtown access

EXECUTIVE SUMMARY

Prime 6.21-acre riverfront development site in Springfield’s Glenwood District, offering exceptional visibility, flat topography, and flexible GEMU zoning. Located at the base of the Glenwood–Downtown Springfield bridge connection, the property provides immediate access to Downtown Springfield, major transportation corridors, and the Willamette River trail system. This rare mixed-use parcel supports office, employment, educational, and light-industrial uses, and includes supplemental income from an existing billboard lease.

PROPERTY FACTS

Price $2,700,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Office
  • Mixed Use
  • Medical
  • Research and Development
  • Schools
Total Lot Size 6.21 AC
Opportunity Zone Yes
Zoning GEMU - Glenwood Employment Mixed-Use

1 LOT AVAILABLE

Lot

Price $2,700,000
Price Per AC $434,782.61
Lot Size 6.21 AC

Rare 6.21-acre riverfront development site in Springfield’s Glenwood District with GEMU zoning, strong visibility, and direct access to Downtown Springfield.

DESCRIPTION

Prime ±6.21-acre riverfront development site located in Springfield’s emerging Glenwood District. This rare mixed-use parcel sits at the base of the Glenwood–Downtown Springfield bridge connection, offering outstanding visibility, strong traffic exposure, and direct access to downtown amenities. Zoned GEMU (Glenwood Employment Mixed-Use), the property supports a wide range of development options including office, employment, educational, and light-industrial uses. Flat topography, flexible zoning, and proximity to the Willamette River make this an ideal site for a signature project. The property also includes annual income from an existing billboard lease. Buyers are responsible for all due diligence related to greenway setbacks, floodplain considerations, and potential annexation.

  • Listing ID: 38507671

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 4399 Franklin Blvd, Eugene, OR 97403

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