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Financial
Distress signals
Property profile

424 5th St Redmond, OR 97756

OFF-MARKET
Bars & Pubs
Property ID
US71-0599759
4,856 SF 0.44 ac lot Built 1991
Last sale Jul 2018 · $705,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story retail building at 424 NW 5th Street, Redmond, Oregon 97756, with a total building area of 4,856 square feet. The property is situated on a high-traffic corner in downtown Redmond and includes a large on-site parking lot configured to support drive-thru and customer access, with two drive-thru lanes and a drive-up layout. Signage provisions are noted as large-format for visibility. The site is located within a designated urban renewal area. The building has been described as…

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.

Debts

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?
$15k
Tax billed · 2023
Assessed value$776k
Effective rate1.88%

Value estimate

· Oct 2026
$555k
$500k – $611k
Submarket $/SF estimate$1.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$370/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$277 – $541

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 Shop9.1
Watch Repair Shop8.8
Parking Facility8.7

Location

424 5th St Redmond, OR 97756-1627
County assessor Recorded deeds · 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3030 6th, Redmond, OR 97756-7162 $1,920,000 Jun 2025 3,672 SF
651 6th, Redmond, OR 97756-1591 $1,200,000 Oct 2024 3,948 SF
552 6th, Redmond, OR 97756-2701 $1,750,000 Jul 2024 6,259 SF
810 11th, Redmond, OR 97756-2651 $1,825,000 Apr 2024 6,046 SF
530 6th, Redmond, OR 97756-2701 $1,700,000 Feb 2024 5,000 SF
498 6th St, Redmond, OR 97756-2200 $1,400,000 Jul 2022 4,914 SF
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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