Listing provided courtesy of HomeStar Brokers - MLS# 24212914MLS Provider

8575 HOFFMAN RDIndependence, OR 97351

Vacant Land · 43.50 Acres

$11,312,315 Active

Overview

Time on Site:
99 days
Visits:
4

43.5 acre tax lot priced at $5.97/SqFt. Seller willing to sell 10 acre of mutually agreed Hoffman Rd frontage property for $2.6M(See MLS#24144400). Buyer responsible for partition process/fees. Zoned IP. Flat blank slate property w/ great access. Close to Salem, State HWY 99W/51. Water/Sewer/Gas at property or close by. Property tiled. Next to Independence Airpark. Tenant occupied home/storage bldg on property.

View Map

Facts & Features

  • Type Vacant Land
  • Lot 43.50 Acres

General

School Information
  • Elementary School: Independence
  • Middle Or Junior School: Talmadge
  • High School: Central
Business Information
  • Current Use: Agricultural,Farm
Location/Region
  • Country: US
  • County Or Parish: Polk
  • MLS Area Major: 167 - Polk Co: Except Salem
Tax Information
  • Tax Annual Amount: 2946.79
General Information
  • Buyers Agent Compensation: 2.0
  • Disclosures: Disclosure
  • Parcel Number: 215600
  • Property Sub Type: Industrial
  • Property Type: Land
  • Zoning: IP

Interior

Exterior

Lot Information
  • Lot Features: Pasture
  • Lot Size Acres: 43.5
  • Lot Size Square Feet: 1894860.0
  • Road Surface Type: Paved
General Information
  • Other Structures: Residence,Shed(s)
  • Utilities: Standard Septic

Neighborhood

Community

97351 (Independence) Demographics
28
Median Age
215
Population Density (per sq. mile)
24%
College Educated
$55,772
Estimated Median Income
2,018
Estimated Total Home Owners
1,493
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
Middle Schools
1
Public
Talmadge Middle School
  • Grades: 6 - 8 /
  • Enrollment: 792
High Schools
2
Public
Central High School
  • Grades: 9 - 12 /
  • Enrollment: 1,021
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$664,751
Median Sales Price
$399
Median Price per Square Foot
21
Properties Sold
23
New on Market
85
Average Days on Market
56
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
1/4/2024Source: Regional MLS Added to Database
January 04, 2024
1/2/2024Source: Willamette Valley MLS Added to Database
January 02, 2024
1/2/2024Source: Willamette Valley MLS Added to Database
January 02, 2024
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023