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Property profile

4485 Independence Hwy Independence, OR 97351

OFF-MARKET
Other industrial properties
Property ID
US71-0910836
69,260 SF 2.62 ac lot Built 1988
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An industrial property configured to support manufacturing, warehousing, and/or distribution, with an available outdoor yard area in addition to indoor warehouse capacity. The site is fully gated and fenced, providing controlled perimeter security for storage or staging outside the building. Located at 4485 Independence Hwy in Independence, Oregon, approximately 15 miles southwest of Salem, the property has direct access from Independence Hwy (Highway 51) and convenient connectivity to Highway…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$1.99M
Assessed land$76k
Assessed improvement$1.92M
Effective rate1.91%

Value estimate

· Oct 2026
$7.11M
$6.39M – $7.82M
Submarket $/SF estimate$9.08M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$437/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$70 – $2,182

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?
IL
G. Light Industrial (IL) H. Heavy Industrial (IH) I. Industrial Park (IP) J. Residential Single Family Airpark Overlay (RSA) K. Public Se...
General categoryINDUSTRIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.9
HVAC Service8.7
Smoke and Vape Shop8.7

Location

4485 Independence Hwy Independence, OR 97351-9428
County assessor Recorded deeds · 1 transfer 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

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
915 Main, Independence, OR 97351-2505 $910,000 Feb 2022 13,125 SF
1201 Stryker, Independence, OR 97351 $295,000 Apr 2019 4,760 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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