Entity Owned Property summary
This exceptional investment opportunity presents a 6,833 square foot, single-tenant commercial building situated on a half-acre lot at 450 NW Greenwood Avenue in Redmond, Oregon. The property is currently leased to Proactive Physical Therapy, a highly reputable tenant operating a thriving physical therapy clinic featuring an indoor pool. The existing lease agreement provides a stable income stream with three years remaining until its expiration, offering a secure investment for the… foreseeable future. This translates to a desirable 6.47% capitalization rate, making it an attractive proposition for investors seeking strong returns. The building boasts a highly improved interior, perfectly suited for its current use and potentially adaptable for other medical or wellness-related businesses. Its central Redmond location ensures excellent visibility and high traffic counts, maximizing exposure and accessibility for the tenant. The property's prime location and the strength of the existing lease combine to create a compelling investment opportunity with significant potential for long-term growth and profitability. The asking price for this exceptional property is $1,925,000. This is a rare chance to acquire a well-established, income-producing asset in a thriving Oregon market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,275 SF
- Lot area
- 0.5 ac
- Year built
- 2006
- APN
- 151309 DA 01401
- Assessed value · 2023
- $801,280
- Annual tax · 2023
- $15,903
- Apartment House (5+ Units)
- Commercial (general)
- Restaurant
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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