Hoffman Rd Building and Land 2 Properties Offered at $6,999,999 in Independence, OR
INVESTMENT HIGHLIGHTS
- Zoned heavy and light industrial
- Frontage on Hoffman Rd and Polk St
- Sold with excess land
EXECUTIVE SUMMARY
From turn-key industrial manufacturing space to light industrial redevelopment opportunities, 596 Hoffman Road’s expansive size is matched only by its opportunity. Since 1981, the property has served as the primary manufacturing facility for Marquis Spas and operated as an integral part of the local economy with a logistical advantage. Located in the heart of Polk County’s industrial core, the community of Independence is a thriving sub-market with a strong industrial presence, setting it apart from the competition.
On the north side of Hoffman Road, this includes a total of 3.72 acres of Heavy Industrial zoned land, with ˜58,000 SF of industrial manufacturing space and 1.25 acres of paved and secured yard storage area.
On the south side of Hoffman Road, this includes a ˜2.91 acre private and paved parking lot, and ˜10.92 acres of light industrial development land. North and south parcels are connected by a signalized pedestrian crossing, designed to supplement access to and from the manufacturing building.
On the north side of Hoffman Road, this includes a total of 3.72 acres of Heavy Industrial zoned land, with ˜58,000 SF of industrial manufacturing space and 1.25 acres of paved and secured yard storage area.
On the south side of Hoffman Road, this includes a ˜2.91 acre private and paved parking lot, and ˜10.92 acres of light industrial development land. North and south parcels are connected by a signalized pedestrian crossing, designed to supplement access to and from the manufacturing building.
PROPERTY FACTS
| Price | $6,999,999 |
| Price / SF | $116.67 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 60,000 SF |
| Total Land Area | 17.55 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 596 Hoffman Rd, Independence, OR 97351 | Industrial | 60,000 SF | 1981 | $4,200,000 |
|
Surplus Land - 596 Hoffman Rd
8420 Hoffman Rd, Independence, OR 97351 |
Land | 13.83 AC | - | $2,799,000 |
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