Property profile

0 Santiam Hwy & Truman St Lebanon, OR 97355

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

This exceptional 3-acre commercial land parcel presents a remarkable opportunity for development in Lebanon, Oregon. Strategically located on S. Santiam Highway and Truman St, this site boasts a high-traffic count of 16,850 vehicles per day, ensuring significant visibility and accessibility. The property is part of a thriving mixed-use master plan, incorporating multifamily and townhome developments, creating a vibrant and dynamic environment. Its prime location directly across from major big-box retailers, including Walmart, Walgreens, and numerous other national chains, guarantees a strong customer base and synergistic retail environment. The site is ideal for build-to-suit projects or ground leases, offering flexibility for various commercial ventures. The potential for a drive-thru facility further enhances its appeal. With 1-3 acres available, this property can accommodate a variety of development plans, including the possibility of a significant retail anchor tenant. This is a rare opportunity to secure a highly visible and well-positioned commercial site in a rapidly growing area of Lebanon, Oregon, with a zip code of 97355, situated in Linn County. The property's central location and proximity to established businesses make it an attractive investment for developers seeking a high-return opportunity. Contact us today to discuss lease rates and sale prices.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Santiam Hwy & Truman St Lebanon, OR 97355
Lebanon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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