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    2999 SW 6Th St Redmond, OR 97756
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    Property profile & analytics

    2999 SW 6Th St Redmond, OR 97756


    • Office buildings
    • 78,071 SF
    • 13.13 lot acres
    Redmond Office/Retail Sublease Opportunity For Lease
    $25,960,000
    77,260 SF

    Redmond Office/Retail Sublease Opportunity

    77,260 SF building in Redmond, OR, for sublease.

    2999 SW 6th St, Redmond, OR 97756
    View Listing
    Property ID
    US71-0569276
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2999 SW 6Th St

    Year built
    2003
    Lot size
    13.13 lot acres
    Property size
    78,071 SF
    Property type
    Office buildings
    APN
    151321 D0 00332
    APU
    151321D000332

    Description

    This exceptional 77,260-square-foot executive office building, situated at 2999 SW 6th Street in Redmond, Oregon, presents a remarkable opportunity. The single-tenant property, built in 2003, sits on a spacious 13.13-acre lot and is zoned M1. Currently vacant, the building offers significant flexibility for a variety of commercial uses, previously configured as a call center. The property boasts approximately 150 parking spaces, providing ample convenience for employees and clients. Its strategic location offers easy access to Highway 97 and Redmond Airport, capitalizing on the area's robust growth and thriving community. Redmond's diverse economy and proximity to Bend make this an ideal location for businesses seeking to establish or expand their presence in the Pacific Northwest. The property's location in Deschutes County, Oregon, zip code 97756, provides access to a strong workforce and a desirable lifestyle. This presents a long-term opportunity, with a sublease term expiring July 31, 2029. The building's size and location make it an attractive option for businesses seeking a significant footprint in a dynamic market. This is a rare opportunity to secure a substantial, well-located commercial property in a rapidly growing area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $25,959,000
      Market price range: $14.9M - $27.2M
      AI Estimate
      $25,959,000
      Market price range: $14.9M - $27.2M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $21,340,000
      Current use
      AUTO REPAIR, GARAGE
      $29,840,000
      Change: +40% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $29,790,000
      Change: +40% Conversion: Easy
      COMMERCIAL (GENERAL)
      $29,215,000
      Change: +37% Conversion: Easy
      RESTAURANT
      $28,925,000
      Change: +36% Conversion: Moderate
      RETAIL STORES
      $25,500,000
      Change: +20% Conversion: Moderate
      MEDICAL BUILDING
      $24,915,000
      Change: +17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.175
    Latitude
    44.2489
    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
    $212,090
    $0.00
    $0.00
    $10,686,470
    -
    $5,307,460
    $9,073,870
    $14,381,330
    View Listing
    More about this property
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