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Property profile & analytics
FOR SALE
Industrial land
37516 Beaton Ln, Lebanon, OR 97355
Entity Owned
Absentee Owner
Free & Clear
Property ID
US71-0246324
For Sale
1 / 16
$875,000
37516 Beaton Ln, Lebanon, OR 97355
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Total area
1,080 SF
Lot
0.7 ac (30,492 SF)
APN
12S 02W 11BA 00200
UPID
US71-0246324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tennessee Road Holdings LLC
Tennessee Road Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$606
Tax year 2023
Assessed value
$28,930
Assessed 2023
Previous assessed
$28,090
+3.0% YoY
Effective rate
2.09%
On assessed value
Land market value
$54,220
Total market value
$54,220
Applied tax rate
905.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Heating
NONE
Total area
1,080 SF
Lot
0.7 ac (30,492 SF)
APN
12S 02W 11BA 00200
UPID
US71-0246324
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.7 ac
Current owner
From public records · entity-resolved
Tennessee Road Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1763 S MAIN ST, LEBANON, OR 97355-3111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Tennessee Road Holdings LLC
Michael Hiebert
Bargain & Sale Deed
—
Feb 7, 2022
—
Michael Hiebert
Donald L Gerig
Warranty Deed
$40,000 · Gerig Family Trust
Jan 3, 2022
—
Michael Hiebert
Donald L Gerig
Warranty Deed
$40,000 · Gerig Family Trust
Feb 21, 2020
—
Gerig,donald & Linda Fam Trust
—
Deed
related
$613,773 · Citizens Bk
Jan 27, 2014
—
Gerig,donald & Linda Family Trust
Gerig,don & Linda
Quit Claim Deed
related
—
Jun 26, 2012
$24,000
Don Gerig
Nelson,cynthia
Warranty Deed
related
—
Jun 8, 2012
$24,000
Don Gerig
Nelson,cynthia
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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