498 Sw Veterans Way Redmond, OR 97756
Positioned near the Redmond Airport within the Redmond Enterprise Zone, this 2, 700 SF light industrial building offers an excellent owner/user opportunity with a versatile mix of office, warehouse, and covered storage areas. The structure features two roll-up doors providing efficient access for shipping, receiving, or light manufacturing operations. Situated on a 0.88-acre lot with ample yard space, the property allows for outdoor storage or future expansion. Its Light Industrial (M1) zoning accommodates a wide range of business uses. With easy connectivity to Highway 97 and convenient access to Central Oregon's industrial and commercial hubs, the location supports both operational efficiency and long-term growth. Ideal for small manufacturers, service contractors, or local distribution users seeking a flexible and accessible industrial facility in a thriving Redmond submarket.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.