Property profile

884 Park St Lebanon, OR 97355

OFF-MARKET
Office Spaces
Property ID
US71-0442085
0.11 ac lot Built 1908
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This charming 1908 medical office building in Lebanon, Oregon, offers 4,632 square feet of well-maintained space on a 0.26-acre lot. The property boasts a desirable corner location at 884 Park Street, directly across from Ralston Park, providing excellent visibility. The building features 10 private offices, a convenient kitchenette, and three bathrooms, making it ideal for a variety of medical or even retail uses. The flexible layout allows for adaptation to diverse needs. The building's classic style is complemented by modern functionality. Ten off-street parking spaces are available, along with ample street parking. The property is zoned CB (Central Business), offering potential for various uses. The inviting front porch and reception area create a welcoming atmosphere. The asking price is $675,000, with a price per square foot of $145.73. This is a unique opportunity to acquire a well-established property in a thriving Oregon community.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1908
Lot 0.11 ac (4,792 SF)
APN 12S 02W 11CC 03500
UPID US71-0442085

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tax Preparation
  • Accounting Firm Tax Preparation

Location

884 Park St Lebanon, OR 97355-3204
Lebanon metro Census 30802 ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2020
Price N/A
2017
Price N/A

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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