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Financial
Distress signals
Property profile

890 N Main St Independence, OR 97351

FOR SALE
Retail properties & Spaces
Property ID
US71-1895471
5,494 SF 0.76 ac lot Built 1955
Last sale Jun 2021 · $450,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$167k
Assessed land$39k
Assessed improvement$128k
Effective rate1.91%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$485k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$4k
Operating expenses−$24k
NOI · 8.90% cap applied$57k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.90%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IH
H. Heavy Industrial (IH) I. Industrial Park (IP) J. Residential Single Family Airpark Overlay (RSA) K. Public Services (PS) L. Willamette...
General categoryINDUSTRIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.1
HVAC Service9.7
Furniture Store9.6

Location

890 N Main St Independence, OR 97351
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
235 Main, Independence, OR 97351-2007 $300,000 Mar 2024 2,844 SF
240 Main, Independence, OR 97351-2006 $390,000 Aug 2023 5,206 SF
159 2nd, Independence, OR 97351-2030 $60,000 Aug 2023 10,867 SF
587 9th, Independence, OR 97351-1514 $108,145 Jun 2021 2,684 SF
226 Main, Independence, OR 97351-2070 $445,000 Oct 2019 10,992 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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