Property profile

20 Main St Lebanon, OR 97355

OFF-MARKET
Land
6.22 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 6.22 ac (270,943 SF)

Cap rate & NOI

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

Location

20 Main 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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