Property profile

515 Cascade Ave Redmond, OR 97756

OFF-MARKET
Retail space
Property ID
US71-0589353
7,500 SF 0.23 ac lot Built 1972
Trust Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1972
Total area 7,500 SF
Lot 0.23 ac (10,019 SF)
APN 151316 AA 03301
UPID US71-0589353

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
  • Theater & Performing Art Venue
  • Association / Organization
  • Vocational School Training Center
  • Architect
  • Art Studio

Location

515 Cascade Ave Redmond, OR 97756-2296
Redmond metro Census 800 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.99M
Blend (final) Blend
$455k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2007
$511,669

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.9M +17.0%
Apartment house (5+ units) $2.9M +16.8%
Commercial (general) $2.8M +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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