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Hoffman Rd Building and Land

2 Properties Offered at £5,477,149 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.

Property Facts

Price £5,477,149
Price / SF £94.74 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 57,811 SF
Total Land Area 17.55 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Surplus Land - 596 Hoffman Rd
8420 Hoffman Rd, Independence, OR 97351
Land 13.83 AC - £2,190,078
596 Hoffman Rd, Independence, OR 97351 Industrial 57,811 SF 1981 £3,286,290
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  • Listing ID: 34048271

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: Hoffman Rd Building and Land, Independence, OR

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