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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Retail space
1210 Highland Ave Redmond, OR 97756-2638
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0140948
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1993
Total area
3,990 SF
Lot
0.25 ac (10,890 SF)
APN
151316 CA 01000
UPID
US71-0140948
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
$1.48M
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.35M
Owner & transaction history
1210 Sw Highland Avenue LLC · 4 yrs held
1210 Sw Highland Avenue LLC
since 2021
Last sale
$995,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+17.0%
Commercial (general)
$1.5M
+14.6%
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
Method
Estimation
Statistic approach
$1,190,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,480,000
7%
$1,375,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,305,000
Current use
AUTO REPAIR, GARAGE
$1,525,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,495,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$1,275,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±10% · vs last sale $995k (Sep 20 2021)
Last sale anchor
$995k
Sep 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$337 / SF
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
$9,140
Tax year 2023
Assessed value
$460,550
Assessed 2023
Previous assessed
$434,120
+6.1% YoY
Effective rate
1.98%
On assessed value
Land market value
$398,490
Improvement market value
$496,310
Total market value
$894,800
Applied tax rate
2,001.0000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1993
Heating
NONE
Total area
3,990 SF
Lot
0.25 ac (10,890 SF)
APN
151316 CA 01000
UPID
US71-0140948
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
1210 Sw Highland Avenue LLC
Entity
Mailing address
1210 SW HIGHLAND AVE, REDMOND, OR 97756-2638
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
1210 Sw Highland Avenue LLC
—
Deed
related
$817,000 · Umpqua Bank
Sep 20, 2021
$995,000
1210 Sw Highland Avenue LLC
Lincar LLC
Warranty Deed
$873,000 · Lincar LLC
May 28, 2008
$425,000
Lincar LLC
Arnett,john
Grant Deed
$500,000 · Columbia River Bank
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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