Financial
Distress signals
Property profile

975 1st St Redmond, OR 97756

OFF-MARKET
Other industrial land
Property ID
US71-0970534
7,200 SF 0.66 ac lot Built 1974
Last sale Jan 2020 · $1,235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 0.66 acres of industrial land, zoned Heavy Industrial (M-2). The site is described as having access to the east via Veterans Way and Highway 97. A nearby parcel with a 20,000 SF building on approximately 1.89 acres is referenced separately, while this land parcel is configured and marketed as an independent development site.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$98k
Effective rate1.98%

Value estimate

· Sep 2026
$1.10M
$986k – $1.20M
CAP approach$1.03M
Submarket $/SF estimate$873k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$121 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDESCHUTES

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.5
Tailor Shop9.4
Watch Repair Shop8.7

Location

975 1st St Redmond, OR 97756-2811
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
398 8th, Redmond, OR 97756 $397,270 Jul 2024 No data
399 9th, Redmond, OR 97756 $397,270 Jul 2024 No data
376 8th, Redmond, OR 97756 $397,270 Jul 2024 No data
335 9th, Redmond, OR 97756 $397,270 Jul 2024 No data
334 8th, Redmond, OR 97756 $397,270 Jul 2024 No data
377 9th, Redmond, OR 97756 $397,270 Jul 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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