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Financial
Distress signals
Property profile

1263 SW Lake Rd 301 Redmond, OR 97756

FOR SALE
Other warehouses
Property ID
US71-1542244
9,600 SF 2 ac lot Built 2019
Last sale Feb 2019 · $2,006,939
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1263 SW Lake Road in Redmond, Oregon is a 2019-built industrial complex configured as flex space, with two suites designed for combined office and shop use. One suite measures approximately 1,360 sq. ft. and includes a standard grade-level roll-up door. The second suite measures approximately 1,920 sq. ft. and features a drive-through shop layout with two roll-up doors. Both suites include restrooms, dedicated office areas, 220-amp electrical service, and gas heat for the shop…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$1,000k
Effective rate1.98%

Value estimate

· Oct 2026
$2.03M
$1.82M – $2.23M
Submarket $/SF estimate$2.31M
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$2k
Operating expenses−$27k
NOI · 6,279,600.00% cap applied$63k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$72 – $240

Cap rate analysis

How does the asset earn?
6,279,600.00%
$63k estimated NOI · market benchmarks for this use type

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

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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.7
Parking Facility9.0
Florist8.4

Location

1263 SW Lake Rd, Unit 301 Redmond, OR 97756
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
810 Hemlock, Redmond, OR 97756-1689 $2,635,000 Aug 2025 19,656 SF
353 Railroad, Redmond, OR 97756-2342 $556,000 Oct 2024 3,856 SF
2211 2nd, Redmond, OR 97756-7087 $1,400,000 Jun 2024 7,200 SF
1001 1st, Redmond, OR 97756-2826 $1,235,000 Dec 2022 13,031 SF
335 Jackson, Redmond, OR 97756-2415 $1,750,000 Oct 2022 8,975 SF
2760 7th, Redmond, OR 97756 $55,000 Aug 2022 7,682 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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