386 MainIndependence, OR 97351
- Retail space
- 8,500 SF
Off market
$2,304,370 Estimated
Property Details for 386 Main
- Year built
- 1939
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 8,500 SF
- Zone code
- CR
- Property type
- Retail space
- APN
- 08428-BA-04300
- APU
- 08428BA04300
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,733,540
- 6.5%
- $1,600,190
- 7%
- $1,485,890
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,392,340
- Geo Method
- $2,265,070
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,061,430
- Mixed-Use / Specialty
- $1,618,370
- Hospitality / Lodging
- $1,218,440
- Office
- $1,633,630
- Institutional / Educational
- $1,690,990
- Residential Income
- $1,978,460
- Multifamily
- $2,240,450
- Automotive / Energy
- $1,449,420
- Parking / Income-Based Land
- $476,581
- Restaurant / Food Service
- $892,696
- Healthcare / Senior Housing
- $1,635,120
Location Insight
- City
- Independence
- County
- Polk
- State
- Oregon
- Latitude
- 44.8504
- Longitude
- -123.185
- 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
$3,548
$46,000
$139,440
$185,440
-
$163,500
$255,840
$419,340
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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