Listing Agency: Capacity Commercial Group Show Phone

Listed By: Dan Slevin · License #940400114 Show Phone

Source: Moodyscre

Added: Sep 30, 2024 Changed: Oct 15 Last Checked: Oct 15 at 12:10AM

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Investment Insights

Based on property information with market context.

This one-parcel industrial land offering encompasses 13.85 acres and includes approximately 2.91 acres of paved, partially improved area. The property carries IL zoning, designated for light industrial use.

Located at 596 Hoffman Rd in Independence, Oregon, the site presents a sizable land component with existing paved improvements. The available information identifies the asset as industrial land rather than a developed warehouse property.

Key Highlights

• 13.85‑acre industrial land parcel
• Approximately 2.91 acres of paved, partially improved area
• IL zoning for light industrial use

Property Analytics

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Current Use

Marquis Corp. (Bike/Boat/Book/etc) Store Aquatic Training Vessels ... Industrial Manufacturer

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

140

Businesses Nearby

Explore this area Business Placement

Demographics for 97351, OR

11,292

Population

3,697

Households

3.1

Avg Household Size

34

Median Age

25%

College-Educated

89%

High-School Grad

52.3 sq mi

ZIP Area

216

Density / Sq Mi

$84,717

Median Household Income

$40,990

Median Earnings

$1,592

Median Rent

$357,700

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Partially improved industrial land with paved area and IL zoning in Independence.

Where is this industrial land located?

The property is located at 596 Hoffman Rd Independence, OR.

What is the asking price?

The asking price for this property is $4,200,000.

What are key features of this property?

This property features: 13.85‑acre industrial land parcel; Approximately 2.91 acres of paved, partially improved area; IL zoning for light industrial use