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Property profile & analytics
OFF-MARKET
Commercial land
885 Tangent St, Lebanon, OR 97355-2151
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US71-1061314
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1953
Construction
WOOD FRAME
Total area
844 SF
Lot
2.3 ac (100,188 SF)
APN
12S 02W 10BA 01200
UPID
US71-1061314
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
Western Warehousing LLC · 18 yrs held
Western Warehousing LLC
since 2008
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
$2,070
Tax year 2023
Assessed value
$98,830
Assessed 2023
Previous assessed
$95,960
+3.0% YoY
Effective rate
2.09%
On assessed value
Land market value
$667,290
Total market value
$667,290
Applied tax rate
925.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1953
Construction
WOOD FRAME
Heating
ELECTRIC
Stories
1
Rooms
5
Bathrooms
1
Total area
844 SF
Lot
2.3 ac (100,188 SF)
APN
12S 02W 10BA 01200
UPID
US71-1061314
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
Year built
1953
Construction
WOOD FRAME
Heating
ELECTRIC
Stories
1
Rooms
5
Bathrooms
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Western Warehousing LLC
Entity
Mailing address
PO BOX 13849, SALEM, OR 97309-1849
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2008
$550,000
Western Warehousing LLC
Kenneth G Marshall 401k Prof
Warranty Deed
—
Jul 21, 2006
$200,000
Kenneth G Marshall 401 K Psp
Badger,walter L & Yvonne E
Warranty Deed
$160,000 · Jordan & Andrews Consultants &
Oct 14, 1998
$275,000
Walter L Badger
Williamette Valley Rehab Cente
Grant Deed
$248,734 · Seller
Oct 24, 1996
$75,000
Willamette Valley Rehabilitati
Key Trust Co Northwest Ttee
Trustees Deed
—
Oct 24, 1996
$225,000
Willamette Valley Rehabilitati
Mechals,james & Lyola
Trustees Deed
—
—
—
Kenneth G Marshall 401 K Psp
—
Deed Of Trust
related
$30,000 · John C Robinson Dds 401 (k) Ps
—
—
Kenneth G Marshall 401 K Psp
—
Deed Of Trust
related
$248,000 · Umpqua Bank
—
—
Walter L Badger
—
Deed Of Trust
related
$125,000 · O S U FCU
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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