1380 Canal Blvd Redmond, OR 97756-2228
- Community centers
- 8,905 SF
- 0.92 lot acres
Current Use by Public Records
- Community centers
Property Details for 1380 Canal Blvd
- Year built
- 2008
- Lot size
- 0.92 lot acres
- Property size
- 8,905 SF
- Property type
- Community centers
- APN
- 151316 DC 00301
- APU
- 151316DC00301
Description
This exceptional 2,488-square-foot retail space is ideally situated at 1380 SW Canal Blvd in Redmond, Oregon's vibrant Central Business District (C2 zoning). The property offers a single-tenant occupancy opportunity, perfect for a business seeking high visibility and accessibility. With ample parking for 85 vehicles, customers and employees will find convenient parking readily available. The entire space is currently vacant, presenting a blank canvas for a new tenant to customize and design to their specific needs. Located in Deschutes County, this property benefits from the strong economic activity and growing population of Redmond. The address, 1380 SW Canal Blvd, 97756, places the property in a high-traffic area, ensuring maximum exposure to potential customers. This is a rare opportunity to secure a substantial retail space in a prime location within a thriving Oregon community. The building's size and ample parking make it suitable for a wide range of retail businesses. The Central Business District zoning allows for a variety of commercial uses, providing flexibility for potential tenants. This property is available for lease and presents a compelling investment opportunity for businesses seeking to establish or expand their presence in Redmond, Oregon. Interested parties are encouraged to inquire for further details and leasing information.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,010,000
- 6.5%
- $9,185,000
- 7%
- $8,105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $10,520,000
- Geo Method
- $10,575,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,160,000
- Retail
- $8,720,000
- Mixed-Use
- $8,385,000
- Hospitality
- $10,025,000
- Educational
- $9,040,000
- Residential Income
- $10,070,000
- Energy
- $10,060,000
- Income-Based Land
- $9,265,000
- Food Service
- $10,000,000
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.177
- Latitude
- 44.2642
- CBSA code
- 13460
- CBSA name
- BEND, OR METROPOLITAN STATISTICAL AREA