2711 S Main & 2721 Rd Lebanon, OR 97355
COMMERCIAL - Lebanon, OR
- Added:
- Apr 21, 2026
- Days on Market:
- 83
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 2711 S Main & 2721 Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HC
- Standard status
- Active
- Size
- 26,456 SF
- Lot size
- 2.90 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9818
Utilities
- Heating system
- Natural Gas
- Cooling system
- Gas (Cooling)
Building Details
- Year built
- 1976
- Roof type
- Composition
Listing agent LAURA GILLOTT License #920300248 (541) 990-7785
Listing office KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM 266 E GRANT ST, Corvallis, OR (541) 738-7770
Listing date Apr 21, 2026
Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is fenced and secured, with 3-phase power and city water/sewer service. Two of the buildings feature 14' ceilings and operating bridge cranes, supporting overhead handling and industrial operations.
Recent improvements include a new roof on building 2711 in 2017, and new LED lighting and paving in 2024. Refer to MLS #840905 for additional details.
Key Highlights
- Fully leased industrial complex with 3 separate buildings totaling 28,876 SF on 2.90 acres
- Zoned HC with tenant mix including construction, retail, auto repair, storage, and office
- Two buildings feature 14' ceilings and operating bridge cranes
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.9k | $10.20 |
| − Vacancy | −$14.6k | −$0.55 |
| EGI | $255.3k | $9.65 |
| − OpEx | −$89.3k | −$3.38 |
| NOI | $165.9k | $6.27 |
