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Marcola Rd & 28th St - Marcola Meadows parcel 1.17 Acres of Commercial Land Offered at $1,300,000 in Springfield, OR 97477

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INVESTMENT HIGHLIGHTS

  • Corner Lot
  • All utilities available at street.
  • Level

EXECUTIVE SUMMARY

Possible owner terms with 25% or more down.

PROPERTY FACTS Under Contract

Price $1,300,000
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 1.17 AC
Zoning CC - Community Commercial for a variety of applications. Was zoned for multi-family and could be rezoned back to multifamily.

1 LOT AVAILABLE

Lot

Price $1,300,000
Price Per AC $1,111,111.11
Lot Size 1.17 AC

Corner lot at busy intersection. Level w/ utilities at street.

DESCRIPTION

This level 1.17 acre mixed use property in the Marcola Meadows development is prime and ready to build. Utilities at property. Currently has new multifamily bordering the north. This is perfect for a gas station with convenience store, QSR, Recreation facility, medical building or other mixed use businesses. North border of property are several new 4-plexes and newer community of stick-built homes to the North of the 4-plexes. Also possible to convert back to multi family. Owner terms are available.

  • Listing ID: 37853824

  • Date on Market: 9/27/2025

  • Last Updated:

  • Address: Marcola Rd & 28th St, Springfield, OR 97477

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