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Commercial & Investment Real Estate

All of our current assignments are working with Buyers of Investment or Commercial Properties and we have no current listings.

If you would like to discuss income-producing (cash-flow) or appreciation-oriented (equity growth) assets, please just call.

Our perspectives and advice have been shaped by over three decades in actively working in and watching the commercial-investment real estate market’s ups and downs, ebbs and flows. It is not static and does not remain the same for very long.

We would love to visit, compare notes, share our thoughts and views and help you plan for the future, grow equity and mitigate risk. We have been very involved and instrumental in helping people with their estate planning, as well.

Consulting services available on hourly or daily basis or by other fee arrangement. Past consulting clients have included: the FDIC, numerous banks & financial institutions, attorneys, estates, real estate developers, ranchers, land planners, shopping center & office developers, private & institutional investors and the like.

Credentials & Professional Designations:

  • Certified Commercial-Investment Member – Commercial-Investment Real Estate Institute of NAR; demonstrating excellence, considered the “Masters” level of commercial & investment real estate. Received 1988.
  • Certified Property Management; received January, 2011. Financial & operational excellence in property and asset management & performance.
  • Accredited Buyer Representation – awarded for demonstrated competency in representing the buyer’s interest in asset acquisition.
  • Board Certified Land Broker – recognized leader in land brokerage.
  • Land Advisor to Idaho Department of Lands
  • Presenter at 2010 BOMA Idaho Annual Symposium
  • Presenter to Idaho Society of CPA for continuing education credits
  • Real Estate Broker previously licensed in four states (Idaho current)

SOLD Properties & Past Projects

19245 David Memorial Dr
Shenandoah, TX 77385
SOLD: $11,600,000

62,283 square foot; two-building campus


  • US Geological Survey (Federal Agency: Investment Credit Rated)
  • CRANE International
  • AVEDA Institute
  • Southwest Financial Credit Union
  • Kroger Foods
  • Empire Marketing
  • Strategies Alternative Generators

“During my business activities, I have had the opportunity to deal with some of the top professional real estate/investment brokers in the United States. You provide the professionalism, courtesy and dedication the best of them have to offer. Thank you again for the huge contribution you made to this project.” C Schreiber

2- Eagleview Plaza

Building Retail
SOLD: over $3,000,000

3- Landmark Retail Building, Bozeman

30,048± sq ft 3-story downtown retail bldg
SOLD/list: $2,000,075

“I have known Lon since 1985 when I was Senior Vice President, American Savings & Loan Assoc. …I have personally worked with Lon for over 8 years and he is honest, trustworthy, dedicated and hard working. I respect his business acumen and real estate knowledge. Lon thrives on competition and no challenge is too great for his creative efforts. He is a man of impeccable character and I recommend him highly.” N Lytle

4- JC Penney Building – sold to accommodate Ross-Dress-4-Less store 58,200± sf SOLD: $2,000,000
5- Network Mall – major renovation of upscale retail mall in core of downtown San Luis Obispo, CA
6- Surgery Center of Mesquite, TX 7800 square foot Joint-Venture build-to-suit medical complex
7- Plaza 200 Prof. Office Condo Project – 48,000 sf 3-story Prof Office condo building
8- Santa Rosa Professional Building – 2-story professional office building – development & lease-up
9- Flint Creek Ranch development – 2940 acre mountain ranch estate development project
10- Four Dot Meadows  – 108 lot subdivision; remarketed & sold out
11- Gallatin Valley Mall – 255,840± sq ft – valuation assessment for lender
12- KCK Law Center 8000± sf – site selection & development consulting
13- Heartland Village Mobile-Home Park – 159 of 600 lot MHP; refinancing packaging & asset management

“I really have not had the occasion to express in writing our gratitude for the many services you rendered as listing agent and for your financial counseling in the several leases you prepared. The analytical ability and capacity to resolve possible conflicts in negotiation was remarkable through which you only displayed a spirit of congeniality. I was particularly impressed with your concern to the legal and possible conflicting situations in the sale of the Marré Building. I felt we were thoroughly protected. Many, many thanks Lon…” S.M. Piuma

“Lon Lundberg is a gentleman and a consummate professional. I found Lon to be a person of unquestionable honesty and was an advocate of fair-play in all of his business dealings. He always dressed and displayed behavior consistent of a leader in the field. I was proud to be associated with Lon, and I believe that I am better off as a result of my association with him.” G. Stafford, CCIM

Lon’s credentials in Commercial, Investment & Land Properties…

Background: Well over 30 years extensive involvement in commercial, investment and land real estate brokerage, consulting, sales training and management and property & asset management.


  • CCIM – professional designation, 1988
  • Idaho – chosen as Idaho State Advisory Land & Investment Consultant
  • CLB – Board Certified Land Broker, 2014
  • Broker – held real estate broker’s licenses in 4 states (ID, MT, CA, CO)
  • Lender – VP with Capital One: real estate development & investor lending between $3M-$12,000,000 size
  • Courses – Thousands of hours of real estate continuing education courses; especially covering:
    • IRC Section 1031 tax-deferred exchanges & reverse exchanges
    • Charitable Remainder Trusts, FLPs & other estate planning tools
    • Conservation Easements, water rights, noxious weed issues & land management

Previous Roles in Business & Commercial & Investment Real Estate:

Director of Acquisitions – DDRS (division of DBSI)– $3 billion national investment realty firm. Headed regional team to acquire large, realty investment assets such as retail shopping centers, office buildings, tech and industrial parks, and land for development.

Vice-President of Investor & Developer Real Estate Lending – Capital One Bank; deal size between $3-12million. Approved or Declined new loan applications for large-scale land development projects, housing builders and investment real estate for customers of 30+ business bankers covering the south-half of Texas.

Director of Property & Asset Management – Thornton Oliver Keller Commercial Real Estate. Directed eight managers in the Property & Asset Management Department in managing over 4.5 million square feet of commercial income-producing properties in SW Idaho. Portfolio of 142 assets.

COO (Chief Operations Officer) – AmeriMont, Inc. – a diversified real estate company with 8 divisions. Responsible for all operations and financials; reorganized company into 8 new corporate entities training managers of each profit center. Responsibilities for multi-faceted, diverse corporation with nine operating divisions in real estate development, home construction and residential lots, internet service provider [ISP] & related high-tech services, 600-lot mobile home park & dealership, equine facilities and real estate brokerage. Re-positioned marketing for 114 estate lot subdivision and sold 106 lots in 22 months. Completed office-retail building renovation & sold as sale-leaseback. Created six profit centers into separate corporations & trained management.

Managing Broker/Owner – Lundberg & Company Commercial-Investment Real Estate & Property & Asset Management – Leadership, strategic direction, broker training/coaching, asset management, directed property management department, sales, leasing, development consulting, lender consulting and sales training and management of two dozen real estate brokers & agents; at least seven of which went on to operate their own real estate brokerage.

President / Founding Owner – Mountain Air Sports, Inc. – Founder/CEO of three high-performance, outdoor sports retail shops in San Luis Obispo & Santa Barbara, CA – still doing fine almost 30 years later on the same biz plan. Ski, backpack, mountaineering, bike, waterski, windsurf, etc. a FUN business.

President / Partner – JP Andrews Bar & Grill (Cuisinomics, Inc.) – Founding President- high-end San Francisco-style bar & grill in downtown San Luis Obispo, CA.

Featured Listings

Fairchild Farm on the Weiser River

$5,300,000   Midvale, Idaho

  • The 775.94-acre Fairchild Farm is a very productive and beautiful farm in a picturesque setting with one mile of the Weiser River.