Office Building with Private
730 SW 11th Street Redmond, OR 97756
For Sale
$695,000
Office suite includes three private offices, bullpen area, waiting room, kitchenette, and utility storage space.
Property Size1,896 SF
Price / SF$366.56
Days on Market517
Property Features for 730 SW 11th Street
General Information
Standard status
Active
Size
1,896 SF
Property subtype
General Commercial
Building Details
Year Built
1935
Listing Agency:
Jones Group Realtors LLC
(503) 407-6960
Listed By:
Andrew Jones
(503) 407-6960
Source:
Xome
Added: Feb 28, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones Group Realtors LLC
Investment Insights
Based on property information with market context.
This commercial property is configured for office use and includes three private offices, a large bullpen area for shared work, and a waiting room. The space also features a kitchenette and a utility area designed for added storage or operational needs.
The property includes on-site parking described as 12+ private parking spaces plus on-street parking. Exterior improvements noted include new siding and windows, new paint, and updated flooring, along with electrical and mechanical updates.
Additional outdoor space is included and may support employee breaks, client meetings, or other outdoor use.
The property includes on-site parking described as 12+ private parking spaces plus on-street parking. Exterior improvements noted include new siding and windows, new paint, and updated flooring, along with electrical and mechanical updates.
Additional outdoor space is included and may support employee breaks, client meetings, or other outdoor use.
Key Highlights
- Office suite with three private offices, large bullpen area, waiting room area, kitchenette, and utility storage area
- Central air cooling and heating (3) with laminate and carpet flooring throughout
- New siding and windows plus new paint, flooring, electrical, and mechanical updates
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.7k | $20.40 |
| − Vacancy | −$2.4k | −$1.25 |
| EGI | $36.3k | $19.15 |
| − OpEx | −$9.1k | −$4.79 |
| NOI | $27.2k | $14.36 |
1,896 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%
Alternative Uses
Best Use
Office B
$389.0K
$340.4K – $453.8K
NOI $27,228 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$652.5K
$571.0K – $761.3K
NOI $45,677 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suite includes three private offices, bullpen area, waiting room, kitchenette, and utility storage space.
Where is this office units located?
The property is located at 730 SW 11th Street Redmond, OR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Office suite with three private offices, large bullpen area, waiting room area, kitchenette, and utility storage area; Central air cooling and heating (3) with laminate and carpet flooring throughout; New siding and windows plus new paint, flooring, electrical, and mechanical updates
