Redmond Commercial Property For
560 NW Birch Avenue Redmond, OR 97756
For Sale
Contact for pricing
Downtown Redmond commercial property with office and sales yard.
Property Size1,288 SF
Lot Size0.33 Acres
Price / SF$581.52
Days on Market133
Property Features for 560 NW Birch Avenue
General Information
Standard status
Active
Size
1,288 SF
Lot size
0.33 Acres
Property subtype
Special Purpose
Building Details
Year Built
1984
Listing Agency:
CENTURY 21 North Homes Realty Redmond
Listed By:
Bruce Barrett · License #OR 860600301
Source:
Crexi
Added: Mar 20
Changed: Jul 10
Last Checked: Jul 29 at 3:51PM
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 CENTURY 21 North Homes Realty Redmond
Investment Insights
Based on property information with market context.
This property features a 1,288 square foot office building and a 0.33-acre sales yard. It is located in the downtown Redmond core business area on Birch Street, with access to 5th and 6th Streets. The property is near downtown services, including restaurants, retail establishments, and professional offices. The current auto sales tenant is moving May1. This property presents an opportunity for business or investment in a growing community.
Key Highlights
- .33ac sales yard with 1,288sf office building in downtown Redmond core business area.
- High visibility location on Birch St with access to 5th and 6th St.
- Potential 7% cap rate at listed price and lease rate.
Financial Insights For Retail
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 | $46.4k | $36.00 |
| − Vacancy | −$2.0k | −$1.58 |
| EGI | $44.3k | $34.42 |
| − OpEx | −$13.3k | −$10.32 |
| NOI | $31.0k | $24.09 |
1,288 SF · lease $36.00/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$443.3K
$387.9K – $517.2K
NOI $31,029 @ 7.0% cap · market cap 4.14%
Second Best
Industrial
$169.9K
$148.7K – $198.2K
NOI $11,894 @ 7.0% cap · market cap 1.59%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Unique Collision Center - Autobody Repair — 1136 SW Highland Ave, Redmond, OR 97756
- Smart Start of Oregon Ignition Interlock — 1538 sw indian ave, redmond, or 97756
- Marks RV Body Repair — 1548 SW Indian Ave, Redmond, OR 97756
- Caliber Collision — 1621 SW Indian Ave, Redmond, OR 97756
- Oscar's Auto Repair & Towing — 821 SW 11th St, Redmond, OR 97756
Frequently Asked Questions
What type of property is this?
Auto shop - Downtown Redmond commercial property with office and sales yard.
Where is this auto shop located?
The property is located at 560 NW Birch Avenue Redmond, OR.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: .33ac sales yard with 1,288sf office building in downtown Redmond core business area.; High visibility location on Birch St with access to 5th and 6th St.; Potential 7% cap rate at listed price and lease rate.
