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    Property profile & analytics

    2392 Hwy 97 Redmond, OR 97756-8613

    • Retail space
    • 11,583 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 29, 2021
    Location Intelligence
    Property ID
    US71-0511966
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 2392 Hwy 97

    Year built
    1983
    Lot size
    0.52 lot acres
    Property size
    11,583 SF
    Zone code
    GI
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    151321 C0 00101
    APU
    151321C000101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.182
    Latitude
    44.254
    CBSA code
    13460
    CBSA name
    BEND, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,983
    $0.00
    $0.00
    $956,470
    -
    $944,890
    $983,780
    $1,928,670

    Comparable in this City

    • Value Estimation by Request
      915 SF

      823 12th St

      STORE, RETAIL OUTLET • 915 SF
      823 12th St, Redmond, OR 97756-2654
      View Details
    • Value Estimation by Request
      5,000 SF

      2835 17th Pl

      STORE, RETAIL OUTLET • 5,000 SF
      2835 17th Pl, Redmond, OR 97756-1298
      View Details
    • Value Estimation by Request
      2,500 SF

      418 6th St

      STORE, RETAIL OUTLET • 2,500 SF
      418 6th St, Redmond, OR 97756-2203
      View Details
    • Value Estimation by Request
      1,888 SF

      647 6th St

      STORE, RETAIL OUTLET • 1,888 SF
      647 6th St, Redmond, OR 97756-2705
      View Details
    • Value Estimation by Request
      1,606 SF

      322 7th St

      STORE, RETAIL OUTLET • 1,606 SF
      322 7th St, Redmond, OR 97756-1724
      View Details
    • Value Estimation by Request
      808 SF

      307 7th St

      STORE, RETAIL OUTLET • 808 SF
      307 7th St, Redmond, OR 97756-2206
      View Details

    Similar Nearby for Sale

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      132,548 SF

      Redmond Restaurant Pad Sites

      Prime Retail Pads, Home Depot Anchored
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    • $2,100,000
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      Redmond Commercial Land - $2.1M

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      Shovel-ready, 12-unit potential.
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    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Retail Space with Drive-Thru

      Retail space available for lease with drive-thru.
      1995 NW 6Th St, Redmond, OR 97756
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    • $1.15 SF/Yr
      7,825 SF

      Retail Space in High Traffic Center

      Retail space with open layout, storage, and ADA restroom.
      1595 NE 3Rd St, Prineville, OR 97756
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    • $1.75 SF/Yr
      62,726 SF

      Redmond Flex Commercial Spaces

      Two flex spaces in rapidly expanding NW Redmond. Completion mid-2026.
      2450 NW 7Th St, Redmond, OR 97756
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    • New
      $1.85 SF/Yr
      4,792 SF

      Redmond Commercial Building For Lease

      Stand-alone commercial building on Highland Avenue, ideal for office or retail.
      917 SW Highland Ave, Redmond, OR 97756
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    • $1.75 SF/Yr
      62,726 SF

      Redmond Flex Commercial Spaces

      Two flex spaces in rapidly expanding NW Redmond. Completion mid-2026.
      2450 NW 7Th St, Redmond, OR 97756
      View Details
    • Contact for pricing
      17,000 SF

      Redmond Retail Space For Lease

      Retail space available for lease in high-traffic Redmond corridor.
      1921 NW 6Th St, Redmond, OR 97756
      View Details
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    2392 Hwy 97
    Redmond, OR 97756-8613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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