For Sale
$2,750,000

9650 Hoffman RdIndependence, OR 97351

31 Acres, Prime Location, $2.75M

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional 31.15-acre development opportunity in Polk County, Oregon. This property boasts a prime location at the corner of Hoffman Rd and Highway 99W, within Monmouth's urban growth boundary and surrounded by new development. The land is zoned County Industrial Park, offering significant potential. The property includes a well-maintained 3,051 sq ft, three-story home built in 1970, a substantial 125ft x 70ft metal implement storage building, and a 50ft x 25ft shop. High traffic counts on Hoffman Rd (4,867 AADT in 2021) and Highway 99W (12,415 AADT in 2021) provide excellent visibility and accessibility. This unique combination of existing structures and prime developable land presents a rare investment opportunity. The property's location within the urban growth boundary suggests future development potential, making it an attractive proposition for investors seeking a blend of immediate income and long-term growth. The asking price is $2,750,000.

Highlights

  • Monmouth urban growth boundary location.
  • Surrounded by new development.
  • County Industrial zoning.
  • Hoffman Rd. average daily traffic: 4,867 (2021).
  • Highway 99W average daily traffic: 12,415 (2021).
  • 3,051 square foot home.

Property Details for 9650 Hoffman Rd

Property type
Land, Farms
Square Feet
3,051 SF
Lot Size (sq. ft)
1,356,894 SF

Location Insight

City
Independence
County
Polk
State
Oregon
Latitude
44.8642117
Longitude
-123.227534
9650 Hoffman Rd, Independence, Oregon

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9650 Hoffman Rd
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