Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    915 Main St, Unit 2 Independence, OR 97351-2505

    • Industrial properties
    • 13,125 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $920,000
    Last Sale
    Feb 16, 2022
    $910,000
    Location Intelligence
    Property ID
    US71-0962854
    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

    • The Inferno / Restaurant
    • Divine Distillers / Distillery

    Property Details for 915 Main St

    Year built
    1975
    Lot size
    1.06 lot acres
    Property size
    13,125 SF
    Zone code
    IL
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    08421-B0-02400
    APU
    08421B002400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $845,000
      6.5%
      $860,000
      7%
      $795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $965,000
      Geo Method
      $930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $755,000
      Retail
      $980,000
      Mixed-Use
      $975,000
      Hospitality
      $805,000
      Educational
      $915,000
      Residential Income
      $895,000
      Energy
      $965,000
      Income-Based Land
      $930,000
      Food Service
      $965,000

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Polk
    State
    Oregon
    Longitude
    -123.184
    Latitude
    44.8626
    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
    $7,476
    $40,880
    $349,880
    $390,760
    -
    $226,720
    $716,880
    $943,600

    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
      $470,000
      10 SF

      Independence, OR 97351

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10 SF
      Independence, OR 97351
      View Details
    • Value Estimation
      $365,000
      7,920 SF

      895 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 7,920 SF
      895 Main St, Independence, OR 97351-2507
      View Details
    • Value Estimation
      $745,000
      33,804 SF

      1265 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 33,804 SF
      1265 Main St, Independence, OR 97351-2517
      View Details
    • Value Estimation
      $415,000
      10 SF

      Independence, OR 97351

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10 SF
      Independence, OR 97351
      View Details
    • Value Estimation by Request
      10 SF

      900 Walnut St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10 SF
      900 Walnut St, Independence, OR 97351-2142
      View Details

    Similar Nearby for Sale

    • $1,050,000
      5,150 SF

      Historic "Belt Building" For Sale

      Iconic, renovated mixed-use building in downtown Independence, Oregon.
      144 S Main St, Independence, OR 97351
      View Details
    • $5,999,999
      17 SF

      Independence Oregon Industrial Property

      Industrial property with development potential in Independence, Oregon.
      596 Hoffman Rd, Independence, OR 97351
      View Details
    • $1,000,000
      5,150 SF

      OR. This historic property

      known for housing Main Street Antiques
      144 Main St, Independence, OR 97351
      View Details
    • $495,000
      0.04 Acres

      Historic Independence Office Duo

      Two renovated buildings, 100% leased.
      Monmouth St, Independence, OR 97351
      View Details
    • $1,000,000
      5,150 SF

      OR. This historic property

      known for housing Main Street Antiques
      Independence, OR 97351
      View Details
    • $895,000
      2,750 SF

      Iconic Independence Retail Building

      Historic Charm, Multi-Tenant, High ROI
      Independence, OR 97351
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    915 Main St, Unit 2
    Independence, OR 97351-2505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.