525 Umatilla Ave Redmond, OR 97756
Property Lookup
Property profile & analytics
525 Umatilla Ave Redmond, OR 97756
- Office buildings
- 20,393 SF
- 1.01 lot acres
Property ID
US71-0551456
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 525 Umatilla Ave
- Year built
- 2005
- Lot size
- 1.01 lot acres
- Property size
- 20,393 SF
- Property type
- Office buildings
- APN
- 151321 D0 00319
- APU
- 151321D000319
Description
This exceptional 20,393 square foot, two-story office building, constructed in 2005, is situated on a 1.01-acre lot in Redmond, Oregon. The property, known as Redmond Landing Professional Building, boasts a desirable M1 zoning designation. Its prime location offers unparalleled convenience, being adjacent to the Redmond Airport and the Central Oregon Community College (COCC) Redmond Campus. Easy access to Highway 97 ensures seamless commutes for tenants and clients. The building features a modern design with an ADA-compliant elevator, providing accessibility for all. Ample parking is available, addressing the needs of both employees and visitors. The building is professionally managed and offers secure, keyless entry for enhanced safety and peace of mind. High-profile tenants currently occupy the space, adding to the prestige of this investment opportunity. Monument and building directory signage provide excellent visibility and branding opportunities. This multi-tenant building presents a compelling opportunity for investors seeking a well-maintained, strategically located commercial property in a thriving Oregon community. The property's proximity to key transportation routes and educational institutions makes it an attractive option for a wide range of businesses. The building's modern amenities and secure environment contribute to a positive and productive work environment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,721,000
- AI Estimate
- $4,721,000
Market price range: $3.88M - $7.11MMarket price range: $3.88M - $7.11M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,575,000 Current use
- AUTO REPAIR, GARAGE
- $7,795,000 Change: +40% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $7,780,000 Change: +40% Conversion: Easy
- COMMERCIAL (GENERAL)
- $7,630,000 Change: +37% Conversion: Easy
- RESTAURANT
- $7,555,000 Change: +36% Conversion: Moderate
- RETAIL STORES
- $6,660,000 Change: +20% Conversion: Moderate
- MEDICAL BUILDING
- $6,510,000 Change: +17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.173
- Latitude
- 44.2516
- CBSA code
- 13460
- CBSA name
- BEND, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,606
$0.00
$0.00
$1,943,630
-
$243,130
$3,223,180
$3,466,310
