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Map
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House -
For Sale
1089 28TH ST
Springfield, OR 97477
Studio
1 Bath
2,528 Ft²
$0
Est. Monthly
About This Property
GREAT OPPORTUNITY IN SPRINGFIELD! Discover the possibilities with
this spacious 2,528 SF single-story building situated on a
0.12-acre lot! Featuring a large shop with two garage doors,
dedicated office space, bathroom and additional unfinished storage
areas. Enjoy gated access, paved exterior space and a durable metal
roof. Conveniently located near shopping, restaurants, local
businesses and everyday amenities. Whether you're looking for
workshop space, storage or a place to bring your business ideas to
life, this property offers plenty of potential! LMI (Light Medium
Industrial) zoning. Buyer to perform all due diligence regarding
zoning, permitted uses, utilities, building condition and intended
use. AUCTION PROPERTY THROUGH LANE COUNTY PROPERTY MANAGEMENT!
Contact Lane County Property Management for sealed bid forms,
submission and auction details. Sealed bids due by 10 AM Tuesday,
November 10, 2026. Final bids subject to approval by the Lane
County Board of County Commissioners. Property sold AS-IS.
Unit Size
2,528 Ft²
Days on Market
19 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
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Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 18 days ago ( #748413417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Listed by Keller Williams The Cooley Real Estate Group | $0 | |
| Listed by Keller Williams The Cooley Real Estate Group | |||
Property Highlights
Parking Details
Has Garage
Garage Spaces: 5
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 2528
Property Condition: Resale
Architectural Style: Other, Stories1
Year Built: 1978
Building Area Total: 2528
Lot Size Area: 5227
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5227
Water Source: Public
Financial Details
Tax Annual Amount: $1,912
Utilities Details
Heating Type: Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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About Springfield
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Listed by: Kanndice McLean, Keller Williams The Cooley Real Estate Group
Last Updated: 18 days ago
Data Source: RMLS , MLS# 748413417
Last Updated: 18 days ago
Data Source: RMLS , MLS# 748413417
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than RH Advisors are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on 10/27/2026 06:08. Some properties which appear for sale on this web site may subsequently have sold or no longer be available.
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