EUGENE, Ore. – A recent appraisal of the historic Civic Stadium reveals it may be worth at least $5.5 million.
The 4J School District had the grounds appraised as it evaluates proposals for the purchase, trade or long-term lease of Civic.
The $5.5 million proposal is for the property zoned as a medium density area, but goes up to nearly $10 million for high density residential.
While the district released the appraisal, it says it doesn’t establish a price for the property.
The school board has said it will look at all options when it comes to decision time and not necessarily the highest dollar amount.
For more information about the appraisal, click here.