Financial
Distress signals
Property profile

2999 SW 6Th St Redmond, OR 97756

FOR LEASE
Office buildings
Property ID
US71-0569276
78,071 SF 13.13 ac lot Built 2003
Last sale Sep 2019 · $12,100,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$212k
Tax billed · 2023
Assessed value$10.69M
Effective rate1.98%

Value estimate

· Sep 2026
$12.12M
$10.91M – $13.33M
Submarket $/SF estimate$25.96M
NOI build-up
Gross scheduled income$1.58M
Vacancy & credit loss−$97k
Operating expenses−$370k
NOI · 8,904,478.33% cap applied$1.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$190 – $349

Cap rate analysis

How does the asset earn?
8,904,478.33%
$1.11M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDESCHUTES

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.6
Tailor Shop9.1
Computer & Electronic Repair8.6

Location

2999 SW 6Th St Redmond, OR 97756
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
765 Salmon, Redmond, OR 97756-9580 $140,000 Nov 2025 23,988 SF
2622 Glacier, Redmond, OR 97756-7623 $1,225,000 Dec 2023 6,584 SF
442 Umatilla, Redmond, OR 97756-7039 $3,100,000 Feb 2023 14,964 SF
2659 4th, Redmond, OR 97756-6406 $1,600,000 Jan 2023 7,809 SF
1379 15th, Redmond, OR 97756-2905 $685,000 Dec 2022 5,614 SF
250 6th, Redmond, OR 97756-1718 $1,250,000 Apr 2022 7,541 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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