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Listed by Berkshire Hathaway HomeServices Real Estate Professionals
$ 699,000
Est. payment | /mo
1 SqFt
$ 699,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $699,000
MLS Listing ID 342662076
Year Built 2026
Annual Tax Amount $7,417
Tax Year 2025
Lot Size 3.610 Acres
Property Sub-Type Industrial
Property Description
3.61 acres of flat greenfield industrial land annexed into the City of Lebanon and positioned within one of the Mid Willamette Valley's fastest growing industrial corridors. Located apx 8 miles from I5 with convenient access via US Hwy 20 and OR Hwy 34, the property offers efficient transportation connections to PDX, Salem, Eugene, the Oregon Coast, and eastern Oregon. The region also benefits from rail service, supporting a wide range of manufacturing, warehousing, and distribution operations. Zoned Industrial (Z-IND), the property offers exceptional opportunity for industrial users, developers, and investors. Permitted uses include manufacturing, assembly, warehousing, distribution, contractor facilities, research and development, laboratories, wholesale operations, equipment sales and repair, freight terminals, vehicle and equipment storage, woodworking, printing, breweries, machinery production, educational facilities related to industrial uses, and numerous other industrial applications. Hansard Avenue and Reeves Parkway have been fully improved to support larger-scale industrial development within the NW Urban Renewal District. The property is served by substantial utility infrastructure, including a 12-inch water main, 18-inch sanitary sewer, and 12-inch storm system located in the street or stubbed to the parcel, providing a strong foundation for future development. Neighboring developments include Lowe's Regional Distribution Center, Entek International, Laticrete International, Linn Gear, and Lebanon Storage, reinforcing the area's reputation as a destination for manufacturing, logistics, and industrial investment. With relatively affordable industrial land compared to many Oregon markets, modern infrastructure already in place, and a strategic location serving the Willamette Valley, this property presents an outstanding opportunity for owner users, developers, or long term investors seeking to capitalize on Lebanon's continued industrial growth.
Location
State OR
County Linn
Area _221
Zoning Z- IND
Interior
Heating None
Exterior
View Territorial
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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