Financial
Distress signals
Property profile

917 SW Highland Ave Redmond, OR 97756

FOR LEASE
Office buildings
Property ID
US71-0375689
1,200 SF 0.11 ac lot Built 1924
Last sale Dec 2025 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This stand-alone commercial building at 917 SW Highland Avenue in Redmond, Oregon is positioned on busy Highland Avenue near the Fred Meyer shopping complex. The interior is configured with an open floor plan plus a private office, along with two restrooms, a storage/workroom, and off-street parking. The space totals approximately 1,200 square feet and is laid out for flexible use, including professional office, medical services, or retail.

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?
$4k
Tax billed · 2023
Assessed value$179k
Effective rate1.98%

Value estimate

· Sep 2026
$145k
$131k – $160k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 1,704,600.00% cap applied$17k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$190 – $349
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,704,600.00%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GI
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
Parking Facility9.0

Location

917 SW Highland Ave Redmond, OR 97756
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
436 Antler, Redmond, OR 97756-1812 $495,000 Jan 2025 1,212 SF
150 4th, Redmond, OR 97756-1838 $450,000 Aug 2024 1,470 SF
721 10th, Redmond, OR 97756-2732 $450,000 Mar 2023 1,204 SF
2058 Hwy 97, Redmond, OR 97756-8870 $1,030,000 Apr 2022 1,383 SF
307 6th, Redmond, OR 97756-1721 $559,200 Feb 2022 1,340 SF
560 Birch, Redmond, OR 97756-1877 $500,000 Jan 2022 1,288 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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