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Property profile & analytics
OFF-MARKET Estimated value $9,585,000
Community centers

1380 Canal Blvd Redmond, OR 97756-2228

8,905 SF 0.92 ac lot Built 2008
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US71-0955921
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2008
Total area 8,905 SF
Lot 0.92 ac (40,075 SF)
APN 151316 DC 00301
UPID US71-0955921
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
$9.59M
Owner & transaction history
Elevated Acquisitions LLC · 4 yrs held
Elevated Acquisitions LLC
since 2021
Last sale
$9.0M
4 recorded transactions
2021
$9.0M
2021
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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