Property summary
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
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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