0 Santiam Hwy & Truman St, Lebanon, OR 97355
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.