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Marcola Meadows
100 Acre Parcel-Springfield, OR
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Investment Highlights
- +/-54 Acres Zoned Medium Density Residential
- +/-26 Acres Mixed Used Commercial
- +/-20 Acres Community Commercial
- Potential to Rezone the Acres to Mixed Use Commercial
- Residential vacancy rates well under 5%
- Market rental rates strongly increasing
- Level Terrain
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The Villages at Marcola Meadows
±100.38 acre site (±4,372,553 sq ft) currently zoned:
• ±54.78 Acres Medium Density
Residential (MDR)
• ±26 Acres Mixed Use
Commercial (MUC)
• ±19.6 Acres Community
Commercial (CC)
Potential to amend zoning per City of Springfield to:
• ±54.78 Acres of Medium density
Residential
• ±45.6 Acres of Mixed Use
Commercial
Overall rental market vacancy rate under 5% and continuing to tighten
-$6,999,000
($69,726/acre or $1.60/sf)
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Evans, Elder, Brown & Seubert
101 E Broadway
Ste. 101
Eugnee, OR 97401
eebcre.com
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David Holland
Principal Broker
541-345-4860
541-521-5203
david@eebcre.com
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John Brown
Broker
541-345-4860
541-954-4737
john@eebcre.com
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