895 MainIndependence, OR 97351

  • Mixed-use properties
  • 7,920 SF
Off market
$11,020,680 Estimated

Property Details for 895 Main

Year built
1950
Lot size
1.10 AC
Property size (Sq ft)
7,920 SF
Zone code
IL
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
08421-B0-02600
APU
08421B002600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,804,206
    6.5%
    $1,665,421
    7%
    $1,546,462
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,933,520
    Geo Method
    $3,145,480
  • Alternative Use

    Use
    Valuation
    Residential
    $1,665,421
    Hospitality
    $1,525,517
    Educational
    $1,269,212
    Medical
    $1,312,862
    Retail
    $1,974,330
895 Main, Independence, Oregon

Location Insight

City
Independence
County
Polk
State
Oregon
Latitude
44.8619
Longitude
-123.184
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
$4,891
$41,260
$214,390
$255,650
-
$279,290
$266,040
$545,330

FAQs

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