Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2450 SW 6Th St Redmond, OR 97756

    Sponsored
    For Lease
    $1.00 SF/Yr ($4,719 /Mo)

    G - Redmond, OR

    Property size:
    3,100 SF
    Lot size:
    1.30 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 30 at 5:06 am

    Property Features for 2450 SW 6Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    M1
    APN
    263799
    Parking
    6
    Parking features
    On Street, Parking Lot
    Size
    3,100 SF
    Lot size
    1.30 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating), Natural Gas
    Cooling system
    Ductless

    Building Details

    Year built
    2025
    Floors in Building
    2
    Flooring type
    Carpet, Concrete, Vinyl
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Bruce Barrett

    Century 21 Gold Country Realty (541) 815-7907

    Listing agent Bruce Barrett (541) 548-2131 License #860600301

    Listing date Jan 21, 2026

    MLS# 220214092 Listing URL

    Copyright © 2026 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Redmond Light Industrial Flex Space

    This new, light industrial building offers 3,100 square feet of available space suitable for light assembly, indoor product display, or use as a distribution center. The space includes two rollup doors, a warehouse area, and a 300-square-foot office area with a separate entrance. An in-suite restroom is provided, along with a carpeted mezzanine area that could serve as a product showroom, meeting area, or clean storage. The facility is insulated. It is located off SE 6th Street and Tamarack Ct in the Airport Industrial Center in Redmond, Oregon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.173114
    Latitude
    44.253607

    Nearby Similar for Lease

    • $1.85 SF/Yr
      4,792 SF

      Redmond Commercial Building For Lease

      Stand-alone commercial building on Highland Avenue, ideal for office or retail.
      917 SW Highland Ave, Redmond, OR 97756
      View Details
    • $0.90 SF/Yr

      Redmond Industrial Space with Yard

      Industrial space with fenced yard, roll-up doors, and easy access.
      555 NE Hemlock Ave, Redmond, OR 97756
      View Details
    • $1,100 /Mo
      10,454 SF

      Redmond Office Space For Rent

      Stand-alone office building with ample parking in a great location.
      1427 SW Highland Ave, Redmond, OR 97756
      View Details
    • $1.25 SF/Yr
      23,958 SF

      Redmond Shop Building For Rent

      5,004 SF shop building with great visibility and flexibility.
      1497 NW 6Th St, Redmond, OR 97756
      View Details
    • $1.75 SF/Yr
      62,726 SF

      Redmond Flex Commercial Spaces

      Two flex spaces in rapidly expanding NW Redmond. Completion mid-2026.
      2450 NW 7Th St, Redmond, OR 97756
      View Details
    • $1.75 SF/Yr
      62,726 SF

      Redmond Flex Commercial Spaces

      Two flex spaces in rapidly expanding NW Redmond. Completion mid-2026.
      2450 NW 7Th St, Redmond, OR 97756
      View Details
    • $1.80 SF/Yr
      81,022 SF

      Redmond Retail/Office Space Available

      Retail or office space for lease in Redmond, Oregon.
      1604 Highway 97 S, Redmond, OR 97756
      View Details
    • $13 SF/Yr
      20,393 SF

      Redmond Office Building - Prime Location

      2-Story Office Building, Abundant Parking
      525 Umatilla Ave, Redmond, OR 97756
      View Details
    • $12 SF/Yr
      77,260 SF

      Redmond Executive Office Space

      77,260 SF Office Building, Prime Location
      2999 6Th St, Redmond, OR 97756
      View Details
    • $27 SF/Yr
      834 SF

      Nolan Town Center Retail Space

      Redmond, OR: Prime Retail Opportunity
      885 Rimrock Way, Redmond, OR 97756
      View Details
    • Contact for pricing
      3,732 SF

      Downtown Redmond Retail Spaces

      Prime Redmond retail, multiple units available
      528 6Th St, Redmond, OR 97756
      View Details
    • $13 SF/Yr
      39,982 SF

      Redmond Industrial Flex Space

      Modern Flex Space, Ideal Location
      2121 Deerhound Ave, Redmond, OR 97756
      View Details

    FAQs

    What type of property is this?
    Flex space - New industrial building with office and warehouse space for lease.
    Where is this flex space located?
    The property is located at 2450 SW 6Th St Redmond, OR.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - New construction (2025) light industrial building with 3,100 sq ft available.; - Convenient location in the Airport Industrial Center, off SE 6th Street and Tamarack Ct.; - Features include a warehouse area, **300 sq ft office with separate entrance, and in-suite restroom.**
    (541) 548-2131
    Request Owner's contact information
    2450 SW 6Th St Redmond, OR 97756
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2450 SW 6Th St
    Redmond, OR 97756
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2450 SW 6Th St Redmond, OR 97756
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bruce Barrett
    Real Estate License ID: 860600301
    (541) 548-2131
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.