eugene, oregon and 116 - realty marketing/northwest · 49 or a orm on page 79 to 503-242-1814 west...

49OR FAX FORM ON PAGE 79 TO 503-242-1814

West Eugene Industrial and Multi-Family Development Sites by WalmartEugene, Oregon

#115 #116PUBLISHED 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± AcresZONING: I-2/C-2/R-1 with WB/WP R-4/R-1 with WB/WP Overlay Zones Overlay ZonesPROPERTY INSPECTION: At Any TimeFINANCING: None – All CashDESCRIPTION: 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

115and116

8± Acres

4± AcresBA

CB 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