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    Property profile & analytics

    4705 Independence Hwy Independence, OR 97351

    • Industrial properties
    • 10 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0691358
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 4705 Independence Hwy

    Lot size
    1.22 lot acres
    Property size
    10 SF
    Zone code
    IH
    Property type
    Industrial properties
    APN
    08421-B0-01800
    APU
    08421B001800

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Polk
    State
    Oregon
    Longitude
    -123.186
    Latitude
    44.8651
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $990
    $48,390
    $3,330
    $51,720
    -
    $152,280
    $16,080
    $168,360

    Comparable in this City

    • Value Estimation by Request
      10 SF

      625 Hoffman Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10 SF
      625 Hoffman Rd, Independence, OR 97351-9805
      View Details
    • Value Estimation by Request
      25,930 SF

      1595 Stryker Rd

      INDUSTRIAL (GENERAL) • 25,930 SF
      1595 Stryker Rd, Independence, OR 97351-1824
      View Details
    • Value Estimation
      $470,000
      10 SF

      Independence, OR 97351

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10 SF
      Independence, OR 97351
      View Details
    • Value Estimation
      $355,000
      10 SF

      900 F St

      INDUSTRIAL (GENERAL) • 10 SF
      900 F St, Independence, OR 97351-1529
      View Details
    • Value Estimation
      $920,000
      13,125 SF

      915 Main St, Unit 2

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 13,125 SF
      915 Main St, Independence, OR 97351-2505
      View Details
    • Value Estimation by Request
      14,400 SF

      905 Main St Sta, Unit A

      INDUSTRIAL (GENERAL) • 14,400 SF
      905 Main St Sta, Independence, OR 97351-2505
      View Details

    Similar Nearby for Sale

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      Independence Oregon Industrial Property

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    • $1,000,000
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      OR. This historic property

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      Historic Downtown Independence Land

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    • Contact for pricing

      Heavy-Industrial Land with Rail Access

      27-acre industrial site near Salem with income potential.
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    • $2,600,000

      Industrial Zoned Land in Independence

      Industrial zoned land within Independence city limits, agricultural use currently.
      8575 Hoffman Rd, Independence, OR 97351
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    • $495,000
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      Historic Independence Office Duo

      Two renovated buildings, 100% leased.
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    4705 Independence Hwy
    Independence, OR 97351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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