Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,150,000
    Warehouses

    460 Hemlock Ave, Redmond, OR 97756-1465

    12,375 SF 0.91 ac lot Built 2000
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US71-1763639
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2000
    Total area 12,375 SF
    Lot 0.91 ac (39,640 SF)
    APN 151310 CB 00100
    UPID US71-1763639
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.15M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.16M
    Blend (final) Blend
    $1.15M
    Owner & transaction history
    Redmond Industrial Park Jv LLC
    Redmond Industrial Park Jv LLC
    since 2026
    Last sale
    $1.2M
    6 recorded transactions
    2026
    $21.0M
    2024
    2018
    2008
    $1.2M
    1995
    $35,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 460 Hemlock Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message