Basic HTML Version
49
OR FAX FORM ON PAGE 79 TO 503-242-1814
West Eugene Industrial and Multi-Family Development Sites by Walmart
Eugene, Oregon
#115
#116
PUBLISHED RESERVE:
$6,250,000
$1,495,000
Parcel A - 2.16± Acres - $485,000*
Parcel A - 8± Acres - $1,145,000**
Parcel B - 25± Acres - $3,000,000*
Parcel B - 4± Acres - $350,000**
Parcel C - 20± Acres - $2,765,000*
LAST ASKING PRICE:
First Time Offered
First Time Offered
*The sale of individual Parcels A, B and C is subject to bids in the aggregate to equal, or exceed, $6,250,000
**The sale of individual Parcels A and B is subject to bids in the aggregate to equal, or exceed, $1,495,000
SIZE:
47.16± Acres
12.07± Acres
ZONING:
I-2/C-2/R-1 with WB/WP
R-4/R-1 with WB/WP
Overlay Zones
Overlay Zones
PROPERTY INSPECTION:
At Any Time
FINANCING:
None – All Cash
DESCRIPTION:
These two development parcels with industrial and residential zoning represent one of the largest
development opportunities in west Eugene, along W. 11th Street by Walmart, Target and Willow Creek Industrial Park. The
Greenhill Technology Park is just west of the property, along W. 11th Street. The two Auction Properties have access from W.
11th Street and Willow Creek Road.
Both properties are part of the West Eugene Wetlands Plan, approved by the city of Eugene, the county, state and federal
agencies, and have been designated for development. The protected wetlands in the West Eugene Plan have been purchased
by the Federal Bureau of Land Management, which owns the Luk-Wah-Prairie adjoining Auction Property #115, as well as by
The Nature Conservancy, which owns the nearby Willow Creek Natural Area across from Auction Property #116.
The seller has produced a Wetland Determination Report and Draft Mitigation Improvement Plan that will be provided to
prospective bidders. Under the terms of the Auction, the bid to purchase these properties will be provided a one-year option,
with up to a twelve-month extension, to the prospective buyer, in order to obtain entitlements from local, state and federal
115
and
116
8± Acres
4± Acres
B
A
C
B
West 18th Ave.
University of Oregon
Willow Creek Rd.
Willow
Creek
Natural
Area
Proposed 324 Unit
Development
Luk-Wah-Prairie
25± Acres
115
116
20± Acres
W. 11th Ave.
Target
Walmart
N