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Property profile & analytics
OFF-MARKET
Super regional malls
1033 Highland Ave Redmond, OR 97756-3127
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0673872
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1934
Total area
963 SF
Lot
0.12 ac (5,227 SF)
APN
151316 BD 11100
UPID
US71-0673872
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Highland Ave LLC · 6 yrs held
Highland Ave LLC
since 2020
Last sale
$235,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,983
Tax year 2023
Assessed value
$99,910
Assessed 2023
Previous assessed
$94,180
+6.1% YoY
Effective rate
1.98%
On assessed value
Land market value
$194,700
Improvement market value
$52,660
Total market value
$247,360
Applied tax rate
2,039.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1934
Heating
NONE
Total area
963 SF
Lot
0.12 ac (5,227 SF)
APN
151316 BD 11100
UPID
US71-0673872
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1934
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Highland Ave LLC
Entity
Mailing address
946 SW VETERANS WAY STE #102, REDMOND, OR 97756-2745
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2020
$235,000
Highland Ave LLC
E & D Properties LLC
Warranty Deed
$188,000 · First Interstate Bank
Feb 3, 2011
—
E & D Properties LLC
D & D Realty Group LLC
Grant Deed
$105,000 · Shivers Family Trust (pt)
Aug 12, 2010
$132,500
D & D Realty Group LLC
Simmons M L & J Living Trust
Warranty Deed
$105,000 · Gisler Family Trust (pt)
Mar 29, 2010
$98,500
Simmons M L & J E Living Trust
Shive,j Robert & Virginia L
Warranty Deed
$73,500 · Alacano Craig & C J Tr (pt)
Apr 29, 2009
$50,000
Affatati Ralph J Living Trust
Shive,j Robert & Virginia L
Grant Deed
—
—
—
E & D Properties LLC
—
Deed Of Trust
related
$107,000 · Cordes Ethel W Trust (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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