890 MainIndependence, OR 97351

  • Retail properties
  • 5,494 SF
Off market
$7,614,380 Estimated

Property Details for 890 Main

Year built
1955
Lot size
0.76 AC
Property size (Sq ft)
5,494 SF
Zone code
IH
Property type
Retail properties
Property subtype
Other retail properties
APN
08421-B0-02800
APU
08421B002800

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,483,697
    6.5%
    $1,369,567
    7%
    $1,271,740
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,180,625
    Geo Method
    $3,547,474
  • Alternative Use

    Use
    Valuation
    Residential
    $1,155,281
    Hospitality
    $1,058,231
    Educational
    $880,436
    Medical
    $910,715
    Retail
    $1,369,567
890 Main, Independence, Oregon

Location Insight

City
Independence
County
Polk
State
Oregon
Latitude
44.8615
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
$3,200
$39,300
$127,940
$167,240
-
$211,950
$181,080
$393,030

FAQs

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