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    885 Rimrock Way Redmond, OR 97756

    Sponsored
    For Lease
    $27 SF/Yr ($1,876 /Mo)

    Redmond, OR: Prime Retail Opportunity

    Lot size:
    834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 834-square-foot retail space is ideally situated within the vibrant Nolan Town Center in Redmond, Oregon. Located at 885 SW Rimrock Way, 97756, this property offers a single, contiguous space perfect for a variety of commercial uses. The building's total square footage is 834 square feet, providing ample room for a business to thrive. The property is classified as a multi-tenant retail building, offering potential for synergy with neighboring businesses. Its location in Deschutes County provides access to a strong local market and convenient access to major transportation routes. This is a rare opportunity to establish a presence in a thriving commercial center. The property's address is easily accessible and highly visible, ensuring maximum exposure for your business. The space is ready for immediate occupancy, allowing for a quick and efficient start to your operations. This turnkey solution eliminates the need for extensive renovations or build-outs, saving you valuable time and resources. The property's size is ideal for a variety of retail concepts, from boutiques and specialty shops to service-based businesses. Don't miss this chance to secure a prime retail location in a dynamic and growing community. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 885 Rimrock Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    834 SF
    Total Rate
    1876.5

    Unit(s) available at that property

    Space
    Suite 101
    Size
    834 SF
    Rate per SF
    $27

    HighLights

    • 834 SF retail space in Redmond, OR's Nolan Town Center at 885 SW Rimrock Way, 97756.
    • Located at a signalized intersection.
    • Across from Redmond High School and American Legion Park, offering excellent visibility.
    • Features monument signage and ample on‑site parking.
    • Turnkey space ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.1926214
    Latitude
    44.2689855

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    FAQs

    What type of property is this?
    Retail property - Redmond, OR: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 885 Rimrock Way Redmond, OR.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 834 SF retail space in Redmond, OR's Nolan Town Center at 885 SW Rimrock Way, 97756.; Located at a signalized intersection.; Across from Redmond High School and American Legion Park, offering excellent visibility.
    Request Owner's contact information
    885 Rimrock Way Redmond, OR 97756
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    Redmond, OR 97756
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    Realmo Value Estimation

    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.

    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.

    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
    885 Rimrock Way Redmond, OR 97756
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