Financial
Distress signals
Property profile

423 SW 6Th St Redmond, OR 97756

FOR SALE
Retail space
Property ID
US71-0759515
2,500 SF 0.06 ac lot Built 1915
Last sale May 2026 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,500-square-foot commercial building in Redmond, Oregon, located in the “Arch” block north of Diego’s and the Redmond Hotel. It has historical significance as the original Safeway store in Redmond. The building is constructed of local tuft stone, with construction materials similar to those used for Redmond’s original train depot. The interior layout includes a large open retail area, office and inventory space, restroom facilities toward the rear, and a small mezzanine in

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$2k
Tax billed · 2023
Assessed value$107k
Effective rate1.98%

Value estimate

· Sep 2026
$665k
$599k – $732k
Sales comparison$665k
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$4k
Operating expenses−$26k
NOI · 6,022,800.00% cap applied$60k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$327/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$266 – $340

Cap rate analysis

How does the asset earn?
6,022,800.00%
$60k 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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.5
Smoke and Vape Shop8.8
Watch Repair Shop8.7

Location

423 SW 6Th St Redmond, OR 97756
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
528 6th, Redmond, OR 97756-2701 $1,700,000 Feb 2024 2,500 SF
646 6th, Redmond, OR 97756-2704 $825,000 Nov 2023 2,640 SF
425 6th, Redmond, OR 97756-2204 $550,000 May 2023 1,750 SF
111 6th, Redmond, OR 97756-1717 $500,000 May 2023 1,924 SF
522 6th, Redmond, OR 97756-2701 $565,000 Apr 2023 1,830 SF
3305 Hwy 97, Redmond, OR 97756-9645 $600,000 Feb 2020 2,251 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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