River Road - Middle Housing Development Site 0.87 Acres of Commercial Land Offered at $1,046,940 CAD in Eugene, OR 97404

Prime development opportunity on River Rd! This property offers exceptional flexibility with R2 zoning, allowing for a wide range of housing options including detached residential, townhomes, multifamily units, condominiums, or affordable housing that qualifies under the Middle Housing Code. The location is outstanding—just seconds from freeway access for easy commuting, while also being next to shopping, dining, schools, and everyday services. At the same time, the property is tucked along the edge of well-established residential neighborhoods, providing the perfect balance of convenience and community appeal. Whether your vision is to create a thoughtfully designed residential neighborhood, a multifamily project, or a mix of modern housing options, this site offers a rare canvas with incredible potential. Don’t miss the opportunity to develop in one of the area’s desirable and growing corridors, where demand for quality housing continues to rise.