The property is a flex-space/commercial industrial site comprising approximately 33,725 square feet across three buildings on 2.99 acres. Built in 1994, it includes upgraded office areas and warehouse space, with both grade-level and dock-high loading bays. A gated outdoor yard provides secured space for vehicles and stored items. The site is zoned M2 and is accessed from Highway 97 via Veterans Way in Redmond. Electrical service is provided as 1200V, 3-phase power, supporting industrial and warehouse uses.

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.

Debts

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?

$31k

Tax billed · 2023

Assessed value$2.77M

Effective rate1.12%

Value estimate

· Oct 2026

$3.55M

$3.19M – $3.90M

CAP approach$2.33M

Submarket $/SF estimate$3.10M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$155/SF

ZIP average, outlier-cleaned · 17 recorded sales of this use type

Observed band · Q1–Q3$121 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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 Shop9.3

Tech Support Center8.2

Locksmith8.0

1266 Lk Rd Redmond, OR 97756-8611

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

Address Sale price Sold Size

2141 1st, Redmond, OR 97756-7131 $1,000,000 Aug 2021 6,540 SF

1443 Hemlock, Redmond, OR 97756-1466 $4,793,333 Mar 2021 35,430 SF

725 Umatilla, Redmond, OR 97756-7117 $3,600,000 Jun 2020 36,000 SF

229 Franklin, Redmond, OR 97756-2355 $490,000 Oct 2019 4,680 SF

2895 13th, Redmond, OR 97756-8956 $210,000 Aug 2019 46,840 SF

800 Hemlock, Redmond, OR 97756-1497 $795,000 Jul 2019 6,000 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

Value Estimation
$3,100,000

16,356 SF

352 Hemlock Ave

MANUFACTURING (LIGHT)

352 Hemlock Ave, Redmond, OR 97756-1429

View Details
Value Estimation
$2,570,000

14,960 SF

2095 Badger Ave

MANUFACTURING (LIGHT)

2095 Badger Ave, Redmond, OR 97756-8164

View Details
Value Estimation
$2,250,000

13,950 SF

835 Hwy 126

MANUFACTURING (LIGHT)

835 Hwy 126, Redmond, OR 97756

View Details
Value Estimation
$2,275,000

13,665 SF

708 Umatilla Ave

MANUFACTURING (LIGHT)

708 Umatilla Ave, Redmond, OR 97756-7117

View Details
Value Estimation
$1,875,000

12,960 SF

145 Deschutes Ave

MANUFACTURING (LIGHT)

145 Deschutes Ave, Redmond, OR 97756-2311

View Details
Value Estimation
$2,220,000

11,730 SF

1945 1st St

MANUFACTURING (LIGHT)

1945 1st St, Redmond, OR 97756-7119

View Details

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Vacant Retail-Warehouse Facility

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Four-Suite Flex Building

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Flex Warehouse with Roll-Up Door

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Brewery Suite with Roll-Up Door

Modern brewery suite with light industrial M1 zoning, permitted for food production/brewery, and immediate occupancy.

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Flex Space with Shop Bays

Office and shop improvements support a range of commercial operations on a large, accessible site.

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New Flex Space with Fenced Storage

New construction offers office, restroom, heated shop, and dedicated outdoor storage.

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Contact for pricing

Flex Space with Storefront Exposure

New flex space offers open interiors, off-street parking, and available signage along a growing commercial corridor.

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