Property profile

3305 Hwy 97 Redmond, OR 97756

OFF-MARKET
Retail space
Property ID
US71-0646518
2,251 SF 0.47 ac lot Built 1970
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1970
Total area 2,251 SF
Lot 0.47 ac (20,473 SF)
APN 151329 A0 00104
UPID US71-0646518

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Propane Supplier Gas Company
  • Real Estate Agency

Location

3305 Hwy 97 Redmond, OR 97756-9645
Redmond metro Census 901 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$835k
Comparable Approach Comparable
$765k
Blend (final) Blend
$730k

Owner & transaction history

since 2020
Last sale
$600,000
2 recorded transactions
2020
$600,000
2013
$273,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $860,000 +17.0%
Commercial (general) $840,000 +14.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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