311 MonmouthIndependence, OR 97351

  • Office buildings
  • 1,856 SF
Off market
$141,470 Estimated

Property Details for 311 Monmouth

Lot size
0.12 AC
Property size (Sq ft)
1,856 SF
Zone code
RS
Property type
Office buildings
APN
08428-BA-10601
APU
08428BA10601

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $386,434
    6.5%
    $356,708
    7%
    $331,229
  • Comparable approach

    Method
    Valuation
    Relative Method
    $292,328
    Geo Method
    $475,563
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $668,472
    Retail / Commercial
    $349,407
    Mixed-Use / Specialty
    $353,376
    Hospitality / Lodging
    $266,050
    Institutional / Educational
    $369,232
    Residential Income
    $432,002
    Multifamily
    $489,210
    Automotive / Energy
    $316,485
    Parking / Income-Based Land
    $104,063
    Restaurant / Food Service
    $194,923
    Healthcare / Senior Housing
    $357,033

Location Insight

City
Independence
County
Polk
State
Oregon
Latitude
44.851
Longitude
-123.188
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
$2,707
$75,510
$65,960
$141,470
-
$155,600
$236,540
$392,140

FAQs

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