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Jessen Dr - Jessen Dr & Highway 99 Eugene 9.88 Acres of Commercial Land Offered at $1,695,000 in Eugene, OR 97402
EXECUTIVE SUMMARY
9.88 acres of vacant land across three tax lots, zoned for residential development, at the corner of Highway 99 & Jessen Dr in Eugene.
Located in the West Eugene Enterprise Zone. Expansive property offering excellent visibility and accessibility, with direct access to downtown Eugene and the Eugene Airport, as well as convenient connectivity to I-5 via Beltline. Ideal for a variety of residential projects, subject to city planning approvals. Preliminary site plans for a 42 unit townhome development have been reviewed with the City. A planned unit development (PUD) of 132 units already has City approval. Utilities are available at the street, streamlining the development process.
Perfect opportunity for developers or investors looking to capitalize on the growing housing market in Eugene. Member of selling entity is a licensed real estate broker in the State of Oregon.
Buyer to conduct their own due diligence.
Located in the West Eugene Enterprise Zone. Expansive property offering excellent visibility and accessibility, with direct access to downtown Eugene and the Eugene Airport, as well as convenient connectivity to I-5 via Beltline. Ideal for a variety of residential projects, subject to city planning approvals. Preliminary site plans for a 42 unit townhome development have been reviewed with the City. A planned unit development (PUD) of 132 units already has City approval. Utilities are available at the street, streamlining the development process.
Perfect opportunity for developers or investors looking to capitalize on the growing housing market in Eugene. Member of selling entity is a licensed real estate broker in the State of Oregon.
Buyer to conduct their own due diligence.
PROPERTY FACTS
| Price | $1,695,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 9.88 AC |
| Property Type | Land | Cross Streets | Highway 99 |
| Zoning | R-1 | ||
| Price | $1,695,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 9.88 AC |
| Cross Streets | Highway 99 |
| Zoning | R-1 |
1 LOT AVAILABLE
Lot
| Price | $1,695,000 | Lot Size | 9.88 AC |
| Price Per AC | $171,558.70 |
| Price | $1,695,000 |
| Price Per AC | $171,558.70 |
| Lot Size | 9.88 AC |
• Zoned R-1 - 9.88 acres total • Map & Taxlot: 1704152301401; 1704152301400; 1704152301402
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Very Bikeable (70)
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Jessen Dr - Jessen Dr & Highway 99 Eugene
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