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Property profile & analytics
OFF-MARKET
Estimated value
$5,240,000
Manufacturing properties
250 Timber Ave, Redmond, OR 97756-8405
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0901957
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Total area
38,342 SF
Lot
2.12 ac (92,347 SF)
APN
151322 C0 00500
UPID
US71-0901957
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
$5.45M
Comparable Approach
Comparable
$5.13M
Blend (final)
Blend
$5.24M
Owner & transaction history
Hayden Homes LLC · 1 yrs held
Hayden Homes LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,260,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,900,000
6.5%
$5,445,000
7%
$5,060,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,935,000
Current use
Blend value · Realmo final
$5.24M
Range $4.72M – $5.76M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$137 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,420
Tax year 2023
Assessed value
$1,935,870
Assessed 2023
Previous assessed
$1,824,750
+6.1% YoY
Effective rate
1.98%
On assessed value
Land market value
$574,150
Improvement market value
$3,015,690
Total market value
$3,589,840
Applied tax rate
2,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Heating
NONE
Total area
38,342 SF
Lot
2.12 ac (92,347 SF)
APN
151322 C0 00500
UPID
US71-0901957
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.9M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Lot
2.12 ac
Current owner
From public records · entity-resolved
Hayden Homes LLC
Entity
Mailing address
2464 SW GLACIER PL STE #110, REDMOND, OR 97756-7731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
—
Hayden Homes LLC
Te Amo Despacio LLC
Deed
—
Oct 19, 2021
$4,400,000
Hayden Homes LLC
K & Wlegacy LP
Warranty Deed
$3,520,000 · Northwest Bank
May 14, 2015
$1,720,000
K & W Legacy LP
Nw Bnd R/e Holdings Timber Ave
Grant Deed
—
Jun 22, 2012
—
Bnd R E Holdings Timber Nw
Ghs LLC
Deed In Lieu Of Foreclosure
—
Nov 30, 2009
—
Ghs LLC
—
Deed Of Trust
related
$4,116,457 · Bank Of The Cascades
Mar 3, 2006
$2,600,000
Ghs LLC
Russell,stephen G & Dena M
Deed Of Trust
$10,540,000 · Bank Of The Cascades
Dec 8, 2004
—
Stephen G Russell
—
Trustees Deed
related
$150,000 · Community First Bank
—
—
Ghs LLC
—
Deed Of Trust
related
—
—
—
Stephen G Russell
—
Deed Of Trust
related
$275,000 · Community First Bank
—
—
Ghs LLC
—
Deed Of Trust
related
$11,710,000 · Bank Of The Cascades
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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