0 Stryker Rd Independence, OR 97351
This exceptional 12.37-acre parcel of land presents a rare opportunity for industrial development in Polk County, Oregon. Located in Independence, Oregon, with convenient access to Highway 51 and Highway 99, this property boasts a Heavy Industrial (IH) zoning designation. The three combined lots represent some of the last remaining developable land in the area, offering significant potential for a variety of industrial uses. Permitted uses under the IH zoning include, but are not limited to, metals and primary manufacturing facilities, machinery manufacturing, transportation equipment manufacturing and repair, wood and lumber product facilities, wind energy systems, meteorological towers, and photovoltaic systems (excluding commercial power generation). Additional conditional uses permitted in a Light Industrial (IL) zone may also be applicable. The property is listed at $2,694,186, reflecting a price of $5.00 per square foot, but offers are welcome. Detailed zoning information can be found at the Polk County website (link provided in original listing). This is a unique opportunity to acquire a substantial industrial site in a well-established area with excellent transportation links. The property's size and zoning make it ideal for large-scale industrial projects. Its strategic location provides easy access to major transportation arteries, facilitating efficient logistics and distribution. This is a highly sought-after location for industrial development, making this a compelling investment opportunity. The asking price reflects the rarity and potential of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.