460 Hemlock Ave, Redmond, OR 97756-1465
This exceptional 1,375-square-foot industrial suite is available for lease in Redmond, Oregon, at a monthly rate of $2,250, plus utilities. Located at 460 NE Hemlock Ave, 97756, this single-tenant space is part of a larger 12,375-square-foot building situated on a 0.9-acre lot. The property boasts a convenient location near Highway 97, offering excellent access for distribution and service businesses. The suite features a 15-foot ceiling height, a 14-foot roll-up door, and three-phase power, making it ideal for various light industrial, warehousing, and manufacturing uses. Additional benefits include a small office area and some outdoor storage space. The building is fully sprinklered and zoned for light and heavy industrial use. The property's APN is 129798. This space is part of a well-established building with diverse and complementary tenants, including an HVAC company, a restoration business, and a food production service company. This creates a synergistic environment for businesses seeking a productive and collaborative workspace. The property offers a rare opportunity to secure a well-appointed industrial space in a prime Redmond location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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