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Listed by MARK SHADRIN • BERKSHIRE HATHAWAY HOMESERVICES R E PROF • Cell: 503-983-4405
$699,000
Est. payment /mo
3.61 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 842880
Annual Tax Amount $7,418
Tax Year 2025
Lot Size 3.610 Acres
Acres 3.61
Property Sub-Type Commercial Land
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 80 Linn County
Exterior
Fence Partial
View Territorial
Building
Sewer Yes
Water City, Possible
Schools
Elementary Schools Pioneer
Middle Schools Seven Oak
High Schools Lebanon
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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