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    20 Main St Lebanon, OR 97355

    Sponsored
    For Sale
    Contact for pricing

    6.22 Acres Hwy 20 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.22-acre commercial land parcel presents a unique development opportunity in Lebanon, Oregon. Strategically located on Hwy 20 (Main Street), this property boasts significant frontage and direct access to a major thoroughfare. Its prime location offers unparalleled visibility and accessibility, placing it within close proximity to established businesses. A Walgreens store, built in 2008, sits adjacent to the property, further enhancing its desirability. Across Hwy 20, a Walmart store provides additional commercial synergy. This site is considered the largest and most readily developable parcel within the city limits of Lebanon, making it ideal for a variety of commercial ventures. Infrastructure is already in place, with access drives and extended utilities readily available, simplifying the development process. The property's size also allows for flexibility, with the potential for division into smaller, individual development sites, catering to diverse project needs and scales. This is a rare opportunity to acquire a significant commercial land holding in a thriving Oregon community. The property's location, size, and existing infrastructure combine to create a compelling investment prospect with substantial future potential. This exceptional offering is ready for immediate development.

    Property Features for 20 Main St

    General Information

    Property type
    Land
    Lot Size
    270,943 SF

    HighLights

    • 6.22‑acre commercial land parcel in Lebanon, Oregon.
    • High‑visibility location with direct Hwy 20 (Main Street) frontage.
    • Adjacent to a Walgreens (opened 2008) and across from Walmart.
    • Largest immediately developable parcel in Lebanon.
    • Utilities extended to site; access drives already in place; potential for subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.9071389
    Latitude
    44.5447135

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    FAQs

    What type of property is this?
    Land - 6.22 Acres Hwy 20 Frontage
    Where is this land located?
    The property is located at 20 Main St Lebanon, OR.
    What are key features of this property?
    This property features: 6.22-acre commercial land parcel in Lebanon, Oregon.; High-visibility location with direct Hwy 20 (Main Street) frontage.; Adjacent to a Walgreens (opened 2008) and across from Walmart.
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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
    20 Main St Lebanon, OR 97355
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