3235 Pheasant Blvd
Springfield, OR 97477
Game Farm Road Development Site · Land For Sale · 2.30 AC

This 2.3± acre housing site, with leased home on separate lot, is located between Sacred Heart Medical Center at RiverBend and The Shoppes at Gateway. With entry from Game Farm Road, there is excellent access to I-5, University of Oregon campus, and nearby employment centers in Eugene and Springfield. It is opportunity for an affordable housing developer or investor to acquire property at a significant discount to last asking price of $995,000, with strategic infill location to the Eugene-Springfield market. The 2.3± acre parcel is the former R.O.W. of Southern Pacific Railroad historic branch line from downtown Springfield Railroad Depot north to Coburg. It was abandoned over fifty years ago, and was purchased by the Seller in order to clear title on a nearby commercial property. The site is 60 feet wide and 1,600 feet long, terminating at the three bedroom/one bathroom Pheasant Blvd home which is part of the offering. The Pheasant Blvd lot provides potential street connections at both ends of the R.O.W. property, and the option to retain the home with some modifications. Seller retained Eugene-based TBG Architects + Planners to develop a concept plan and The Satre Group to prepare a concept landscape plan for the 2.3± acre development site. Since preparation of the concept plan, the Oregon legislature adopted HB 2001, HB 200, and SB 458 to allow more residential density, infill, and housing options, and encourage work force and affordable housing in low density residential zones. As part of these requirements, amended Springfield R-1 zoning also allows lot division into smaller lots for zero lot line homes, duplexes, triplexes, and townhomes. The new code standards also resulted in no maximum densities for duplex, triplex, and fourplex housing types. TBG created an innovative plan which, with recent code changes, can potentially accommodate more than the illustrated 28 lots/units of two-story housing that could be zero lot line single family homes, duplexes, triplexes, or townhomes – all along a 20-foot minimum width shared access easement across individual lots, from Game Farm Road to Pheasant Blvd. As outlined on the Concept Plan, the former garage which was converted to a bedroom/office would need to be demolished to accommodate access from Pheasant Blvd, or for the lot to be redeveloped for new housing. There are currently no entitlements or applications submitted to city of Springfield. The property is being sold AS IS. A Subdivision application is required to create the lots as presented in the Concept Plan. Preliminary site plans, floor plans, illustrative sketches, and project summary are available as part of the Supplemental Information Package. The one-story, three bedroom, one bathroom bungalow-style home is located on a 10,454± square foot corner lot at 3333 Pheasant Blvd. It was built in 1954 and is in good condition, with fenced backyard. There is a composition roof, wood siding, and double pane windows. The property is leased month-to-month for $1,600. The sale is subject to the lease, which requires 90-day notice to tenants should the new owner want to terminate the lease. 2022-2023 real estate taxes for both the home and 2.3± acre site are less than $4,000. Acquisition of the development site with leased home provides monthly income until entitlements are obtained and construction is underway.