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    Property profile & analytics

    2480 Main Rd Lebanon, OR 97355-2485

    • Turn key restaurants
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0802846
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2480 Main Rd

    Year built
    1977
    Lot size
    0.51 lot acres
    Property type
    Turn key restaurants
    APN
    12S 02W 15DD 00352
    APU
    12S02W15DD00352

    Description

    This exceptional redevelopment opportunity presents a prime commercial property located at 2480 S MAIN Rd Unit 2480, Lebanon, OR. The property boasts excellent visibility and high traffic counts, making it ideal for a variety of commercial ventures. The 0.51-acre lot features a substantial 2,500 square foot slab-on-grade block building, providing ample space for renovation and customization. The building offers significant advantages with its existing infrastructure, including a commercial kitchen hood system, a walk-in cooler, and additional equipment that will be included in the sale. Furthermore, the property includes over 20 off-street parking spaces, ensuring convenient access for customers and employees. The site's easy ingress and egress further enhances its appeal and functionality. This property's strategic location and existing features present a unique opportunity for investors and entrepreneurs seeking a high-impact commercial space in a thriving area. The asking price for this exceptional property is $375,000. Don't miss this chance to acquire a versatile and well-positioned commercial property with significant potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.908
    Latitude
    44.5224
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,393
    $0.00
    $0.00
    $400,730
    -
    $245,090
    $319,610
    $564,700

    Comparable in this City

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      0.78 Acres

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      $490,000
      0.28 Acres

      1112 Main St

      RESTAURANT • 0.28 Acres
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    • Value Estimation by Request
      0.31 Acres

      1060 Main St

      RESTAURANT • 0.31 Acres
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    Lebanon, OR 97355-2485
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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
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