City of Independence "Enterprise Zone" development property. 43 acres Zoned IP - (Industrial Park), 41 acres zoned Airpark Development as well as 110 ac Exclusive Farm Use EFU farm ground. The City has expressed interest in considering various strategies to support various types of development. Plenty of power at the property. Utilities require off-site improvements. The 41 acres Airpark Development (AD) ground has potential to change to Airpark Residential. (Current zoning is EFU, AD, IP)
Last Agent to Sell the Property
KELLER WILLIAMS REALTY -ALBANY License #960900133 Listed on: 12/30/2021
$2,750,000
31.15 acres of prime development land. Located on Hoffman Rd one parcel away from 99W in Monmouth's growth boundary. Currently, zoned country industrial park. Well maintained 3051 sqft tri-story home built in 1970. Large 5 bay implement storage 125 x 70 and 50 x 25 shop.
Alex Rhoten COLDWELL BNKR/COMMERCIAL DIV
$3,000,000
Residential Development property being annexed into the city limits w/ an overlay zone designated for a minimum of 9 units per acre. The Planning Dept. expressed willingness and flexibility to concentrate the high-density residential units into a centralized area to comply w zoning minimums. Wetland delineation map is available. The City reportedly has funds set aside for the construction of the
Paul Terjeson KELLER WILLIAMS REALTY -ALBANY
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $2,435,000 | First American Title |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $2,600,000 | +6.8% | -- |
| 05/31/2022 05/31/22 | Sold | $2,435,000 | -17.5% | $1,663 / Sq Ft |
| 12/30/2021 12/30/21 | For Sale | $2,950,000 | -- | $2,015 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,872 | $185,879 | $82,779 | $103,100 |
| 2024 | $2,872 | $180,472 | $80,372 | $100,100 |
| 2023 | $2,947 | $175,219 | $78,029 | $97,190 |
| 2022 | $2,593 | $153,397 | $93,327 | $60,070 |
| 2021 | $2,319 | $145,701 | $89,931 | $55,770 |
| 2020 | $333 | $152,615 | $95,005 | $57,610 |
| 2019 | $2,370 | $146,608 | $91,948 | $54,660 |
| 2018 | $2,210 | $137,732 | $88,402 | $49,330 |
| 2017 | $2,059 | $126,306 | $85,916 | $40,390 |
| 2016 | $2,221 | $128,877 | $90,907 | $37,970 |
| 2015 | $2,097 | $122,414 | $87,294 | $35,120 |
| 2014 | $1,948 | $114,328 | $84,248 | $30,080 |
B
Seller's Agent in 2025
Brett Veatch
BHHS Oregon- Northwest
P
Seller's Agent in 2022
Paul Terjeson
KELLER WILLIAMS REALTY -ALBANY
S
Seller Co-Listing Agent in 2022
STEVE HELMS - Oregon Farm Broke
KELLER WILLIAMS REALTY -ALBANY
Source: Willamette Valley MLS
MLS Number: 787245
APN: 215600
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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. WVMLS Member Broker: Arlene Richardson