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    8575 Hoffman Rd Independence, OR 97351

    For Sale
    $2,600,000

    Industrial zoned land within Independence city limits, agricultural use currently.

    Lot size:
    10.00 Acres

    Property Features for 8575 Hoffman Rd

    General Information

    Lot size
    10.00 Acres

    Source: Agri-Investment Services Agent Brett Veatch

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

    Overview

    Industrial Zoned Land in Independence

    This property is industrial zoned and located inside the city limits of Independence, Oregon. The underlying zone is designated for an Industrial Park. While currently utilized for agricultural purposes, the property presents various opportunities for development. Showings are available by appointment.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Polk
    State
    Oregon
    Longitude
    -123.20175
    Latitude
    44.866226

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    FAQs

    What type of property is this?
    Land - Industrial zoned land within Independence city limits, agricultural use currently.
    Where is this land located?
    The property is located at 8575 Hoffman Rd Independence, OR.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Industrial zoning within Independence city limits.; - Underlying zone is for Industrial Park.; - Property is inside city limits.
    (503) 212-2735
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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
    8575 Hoffman Rd Independence, OR 97351
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