Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    33058 Brewster Rd Lebanon, OR 97355

    View on Map
    Claim this Listing
    For Sale
    $110,000

    Lot - Lebanon, OR

    Lot size:
    0.43 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    58
    Last Refresh:
    Apr 24 at 8:06 am

    Property Features for 33058 Brewster Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0061008
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Annual Amount
    214

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    LAURA GILLOTT

    Listing agent LAURA GILLOTT

    Listing office KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM 266 E GRANT ST, Corvallis, OR

    Listing date Feb 25, 2026

    MLS# 837841 Listing URL

    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.

    Overview

    Land Near Santiam River

    This 0.43-acre lot is located in Lebanon, Oregon. The property backs up to Santiam River property, offering seclusion. Zoned EFU, the site formerly had a SFR, and the address is 33058 Brewster Road. A well is present on the property, but it lacks a pump. The site is mostly flat and level and is located outside of the flood plain. The property is situated approximately one mile East from the Grant Street bridge on Brewster Road. Buyers should perform due diligence with Linn County regarding new construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Gym & Fitness Center Garden Center Plumbing Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.8771753
    Latitude
    44.5483202

    Nearby Similar for Sale

    • $515,000
      2,555 SF

      Historic Theater/Restaurant/Brewery Opportunity

      Turn-key Lebanon, OR property suitable for various commercial uses.
      644 S Main St, Lebanon, OR 97355
      View Details
    • $2,800,000
      26,456 SF

      Lebanon Industrial Complex For Sale

      Fully leased industrial complex in Lebanon, Oregon.
      2721 S Main Rd, Lebanon, OR 97355
      View Details
    • $750,000
      3,330 SF

      Remodeled Office Space with Showroom

      Luxurious remodeled office with showroom, shop, and machine shed.
      3640 S Santiam Hwy, Lebanon, OR 97355
      View Details
    • $875,000

      Lebanon Industrial Land For Sale

      7.63 acres of industrial land in Lebanon, Oregon.
      37516 Beaton Ln, Lebanon, OR 97355
      View Details
    • $5,000,000
      27,764 SF

      Historic Hotel with Retail Spaces

      Historic downtown hotel with retail and renovation upside in Lebanon.
      661 S Main St, Lebanon, OR 97355
      View Details
    • $1,795,000
      10,545 SF

      Remodeled Lebanon Building For Sale

      Remodeled building with multiple tenants, anchor tenant out to 2031.
      550 S Main St, Lebanon, OR 97355
      View Details
    • $439,900
      2,132 SF

      Lebanon Duplex with Rental Potential

      South Central Lebanon duplex with spacious units and great potential.
      55 E CAROLINA St, Lebanon, OR 97355
      View Details
    • $315,000

      Land in Desirable Lebanon Neighborhood

      2.59 acres to build your dream home with installed septic.
      31398 Georgetown Ln, Lebanon, OR 97355
      View Details
    • $315,000

      Buildable Lot in Lebanon, Oregon

      5.1-acre buildable lot with two wells in place.
      Tl 1400 Bartels Creek Dr, Lebanon, OR 97355
      View Details
    • $160,000

      Recreational Land in Lebanon, Oregon

      12.6 acres of timber and open land for recreation.
      Tl 1501 Bellinger Scale Rd, Lebanon, OR 97355
      View Details
    • $95,000

      Commercial Land in Lebanon, Oregon

      Corner lot zoned for Central Business Commercial use.
      Tl 600 Oak St, Lebanon, OR 97355
      View Details
    • $235,000

      Residential Land in Bartels Canyon

      2.56 acre lot in Bartels Canyon View Estates.
      Tl 755377 Bartels Creek Dr, Lebanon, OR 97355
      View Details

    FAQs

    What type of property is this?
    Land - 0.43 acre lot backing up to Santiam River.
    Where is this land located?
    The property is located at 33058 Brewster Rd Lebanon, OR.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Backs up to Santiam River property for seclusion; Zoned EFU (Exclusive Farm Use); Property formerly had a SFR (Single Family Residence)
    (541) 451-2211
    We can help!
    Listing Contact
    LAURA GILLOTT
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!