8575 Hoffman Rd, Independence, OR 97351
FOR SALE43.5 ACRES
Listed by KIMBERLY & TODD GRAY, Homestar Brokers, (503) 378-9999

8575 Hoffman Rd
Independence, OR 97351

      $11,312,315

      Original price: $11,312,315
      Est. Mortgage $67,686/mo*
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      Local Information

      map showing home location
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      -- mins to
      Commute Destination
      Last check for updates: about 13 hours ago
      Listing courtesy of KIMBERLY & TODD GRAY, (503) 931-2700
      Homestar Brokers
      Source: WVMLS, MLS#812192
      Also Listed on WVMLS.

      Description

      PRICE APPROX $5.97/SqFt or ENTIRE 43.50ac FOR $11,312,315. See MLS#812193 to purchase 10ac of Hoffman Rd Frontage Property. Buyer responsible for entire partition process/fees. Located in City of Independence, Zoned IP (Industrial Park). Flat blank slate property w/ great access. Close to Salem, State HWY 99W/51. Water/Sewer/Gas at property or close by. Property tiled and next to Independence Airpark. Tenant occupied home/bldg on property.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      117 days ago

      Home Details for 8575 Hoffman Rd

      Interior Features

      Appliances & Utilities
      Utilities: Electricity Connected, Natural Gas Connected
      Gas & Electric
      Has Electric on Property
      View
      Has a ViewView: Territorial

      Exterior Features

      Frontage
      Road Surface Type: PavedNot on Waterfront
      Water & Sewer
      Sewer: Septic Tank

      Days on Market

      Days on Market: 117

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Property Information
      Usage of Home: Industrial, Agricultural, Recreational

      Price & Status

      Price
      List Price: $11,312,315
      Status Change & Dates
      Possession Timing: COE

      Active Status

      MLS Status: ACTIVE

      Location

      Direction & Address
      City: Independence

      Agent Information

      Listing Agent
      Listing ID: 812192

      Lot Information

      Lot Area: 43.5 Acres

      Offer

      Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

      Mobile R/V

      Mobile Home Park
      Mobile Home Units: Feet

      Compensation

      Buyer Agency Commission: 2Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 812192Attribution Contact: 503-931-2700

      Price History for 8575 Hoffman Rd

      DatePriceEventSource
      01/02/2024$2,600,000PriceChange
      WVMLS #812193
      01/02/2024$11,312,315PriceChange
      WVMLS #812192
      12/28/2022$2,600,000PriceChange
      WVMLS #796505
      08/10/2022$2,500,000Listed For SaleWVMLS #796505
      05/31/2022$2,435,000Sold
      RMLS (OR) #21397023
      02/18/2022$2,950,000PendingOregon Datashare #220137118
      02/18/2022$2,950,000ContingentWVMLS #787245
      01/07/2022$2,950,000PendingRMLS (OR) #21397023
      12/31/2021$2,950,000PriceChange
      WVMLS #787245
      12/20/2021$1,975,000PriceChange
      WVMLS #782660
      12/20/2021$975,000PriceChange
      WVMLS #783135
      09/03/2021$2,500,000PriceChange
      Oregon Datashare #220131046
      08/25/2021$2,300,000Listed For SaleWVMLS #782660

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      Property Taxes and Assessment

      Year2023
      Tax$2,947
      Assessment$3,851,270
      Home facts updated by county records

      Comparable Sales for 8575 Hoffman Rd

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      894 Cessna St, Independence, OR
      0.55
      Lot/Land
      $144,000
      06/30/23
      -
      -
      722 Aeronca St, Independence, OR
      0.59
      Lot/Land
      $156,000
      01/19/24
      -
      -
      1075 D St #10, Independence, OR
      1.01
      Lot/Land
      $224,500
      02/29/24
      -
      -
      375 S 11th St, Independence, OR
      0.97
      Lot/Land
      $85,000
      04/18/24
      -
      -
      940 S 7th St, Independence, OR
      1.42
      Lot/Land
      $395,000
      05/31/23
      -
      -
      Brandy Mdws #94, Independence, OR
      1.52
      Lot/Land
      $90,000
      07/14/23
      -
      -
      Brandy Mdws #98, Independence, OR
      1.61
      Lot/Land
      $175,000
      09/20/23
      -
      -
      Brandy Mdws #96, Independence, OR
      1.61
      Lot/Land
      $90,000
      07/14/23
      -
      -
      Brandy Mdws #95, Independence, OR
      1.63
      Lot/Land
      $90,000
      07/14/23
      -
      -
      Brandy Mdws #97, Independence, OR
      1.64
      Lot/Land
      $90,000
      07/14/23
      -
      -

      What Locals Say about Independence

      • Bowenchristina87
        "I live downtown by the river. City has a lot of community events downtown. All family friendly. Great way to support local businesses and foster a sense of community. "
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      • Bowenchristina87
        "I love the concerts in the park during the summer. Family movie nights during the summer are also fun. Ghost Walk in October is well done. Not to mention the amazing firework display for the 4th of July. "
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      • R.edelmaier
        "Most folks in this area of Independence are pretty good about pets being walked around on a leash and that the owners picks up after them! "
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      • R.edelmaier
        "Thursday night movies in the park, Friday night, concerts in the park,farmers markets, river rafting, bike trails, Christmas parades,amphitheater."
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      • R.edelmaier
        "Folks around here are so friendly, and there is a lot to do during every season here! Winter... winterfeast, Summer...concert series , old fashion Fourth of July, kayaking,bbqs, fun runs, airport fly in in August! "
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      • Cody T.
        "Very dog friendly. I’m brand new here and have seen more dogs than all my life in Louisiana. "
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      • Jennifer S.
        "perfect dog park along the river. both fenced off space, and large free area to run. numerous parks, and plenty of areas for walks with your dog. "
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      • Investmentjewels
        "I live and own a business in Independence its a quaint back to the future type of lifestyle and community is all about pleasantvile living!"
        2
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      • Angela
        "I used to live there and was never affraid for me or my childs safety...ever! The neighborhood was great and the local schools employ fantastic staff. The community members really get involved in local fun stuff!"
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      LGBTQ Local Legal Protections

      KIMBERLY & TODD GRAY, Homestar Brokers
      Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      8575 Hoffman Rd, Independence, OR 97351 is a lot/land. This property is currently available for sale and was listed by WVMLS on Jan 2, 2024. The MLS # for this home is MLS# 812192.