$950,000 5,150 SF

144 S Main St, Independence, OR 97351
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The historic “Belt Building” is a mixed-use property in downtown Independence, Oregon, with renovated building features and a ground floor configured for retail-ready space suitable for retail, office, or food service use. The upper level consists of a 2-bedroom, 1-bathroom apartment and includes in-unit laundry facilities. The building fronts Main Street and is located directly across from the fountain at Riverfront Park. An oversized 2-car garage is located on the property grounds and…

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?

$8k

Tax billed · 2023

Assessed value$404k

Assessed land$109k

Assessed improvement$295k

Effective rate1.91%

Value estimate

· Oct 2026

$750k

$675k – $825k

AI approach$695k

CAP approach$955k

Submarket $/SF estimate$982k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$132/SF

County average, outlier-cleaned · 32 recorded sales of this use type

Observed band · Q1–Q3$60 – $238

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency12.9

HVAC Service11.9

Dental Office11.6

144 S 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

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

810 Main, Independence, OR 97351-2506 $500,000 Aug 2023 2,640 SF

250 Main, Independence, OR 97351-2006 $625,500 Nov 2022 2,314 SF

505 Lloyd, Independence, OR 97351-2105 $392,000 Feb 2020 11,968 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

Value Estimation
$390,000

5,206 SF

240 Main St

RETAIL STORES (PERSONAL SERVICES)

240 Main St, Independence, OR 97351-2006

View Details
Value Estimation
$315,000

4,620 SF

302 Main St

FINANCIAL BUILDING

302 Main St, Independence, OR 97351-2416

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Value Estimation
$390,000

5,844 SF

94 Main St

GROCERY, SUPERMARKET

94 Main St, Independence, OR 97351-2003

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Value Estimation
$225,000

3,404 SF

184 Main St

RETAIL STORES (PERSONAL SERVICES)

184 Main St, Independence, OR 97351-2005

View Details
Value Estimation
$1,505,000

7,932 SF

1495 Monmouth St

RETAIL STORES (PERSONAL SERVICES)

1495 Monmouth St, Independence, OR 97351-1128

View Details
Value Estimation
$500,000

3,294 SF

1696 Monmouth St

CONVENIENCE STORE

1696 Monmouth St, Independence, OR 97351-9726

View Details