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    Lebanon, OR 97355

    For Sale
    $2,800,000

    Spacious office building, 0.96 acres, expansion potential.

    Property size:
    29,975 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional three-story office building, situated in Lebanon, Oregon, presents a compelling investment opportunity. Boasting a substantial 29,975 square feet of versatile space, the building features an open floor plan, ideal for a wide range of business configurations. The adaptable layout allows for customization to suit diverse operational needs, offering significant flexibility for tenants or owners. The property's prime location in Lebanon ensures convenient access to local amenities and transportation networks, enhancing its overall appeal. Beyond the main building, this offering includes an attractive bonus: an additional 0.48 acres of adjacent land. This significant parcel provides ample room for future expansion, allowing for the development of additional structures or the creation of valuable outdoor amenities. The potential for growth and adaptation makes this property an exceptional choice for businesses seeking a substantial and adaptable workspace with room to grow. The asking price of $2,800,000 reflects the building's size, location, and the included additional land, presenting a strong value proposition in the current market. This is a rare opportunity to acquire a substantial commercial property with significant expansion potential in a desirable location.

    Property Features for

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    29,975 SF
    Lot Size
    41,818 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.9097
    Latitude
    44.54496

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious office building, 0.96 acres, expansion potential.
    Where is this office property / space located?
    The property is located at Lebanon, OR.
    What is the asking price?
    The asking price for this property is $2,800,000.
    (971) 273-7670
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    Lebanon, OR 97355
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    Realmo Value Estimation

    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.

    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.

    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
    Lebanon, OR 97355
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