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    1089 H St Independence, OR 97351

    For Sale
    $1,000,000

    Land for residential development in Independence, Oregon.

    Property size:
    882,827 SF
    Lot size:
    882.00 Acres

    Property Features for 1089 H St

    General Information

    Size
    882,827 SF
    Lot size
    882.00 Acres

    Building Details

    Year built
    1910

    Source: George Grabenhorst Agent George Grabenhorst

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Independence Land Development Opportunity

    Located at 1089 H St in Independence, Oregon, this property presents a development opportunity. The site, zoned EFU, offers a foundation for a residential development. The property is located in the Salem area. The site offers opportunities for growth and innovation. The property has flexible zoning for residential development. A driveway is located at the end of H St. The property dates back to 1910 and spans 882827 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Polk
    State
    Oregon
    Longitude
    -123.19836
    Latitude
    44.846653

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    FAQs

    What type of property is this?
    Land - Land for residential development in Independence, Oregon.
    Where is this land located?
    The property is located at 1089 H St Independence, OR.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime development opportunity in Independence, OR.; - Generous land expanse zoned EFU, ideal for residential development after annexation.; - Flexible zoning allows for a visionary residential project.
    (503) 559-9397
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1089 H St Independence, OR 97351
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