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    Property profile & analytics

    528 6Th St Redmond, OR 97756

    • Retail space
    • 2,500 SF
    • 0.06 lot acres
    For Lease
    View listing
    Value Estimation
    $1,725,000
    Last Sale
    Feb 29, 2024
    $1,700,000
    Location Intelligence
    Property ID
    US71-0965910
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 528 6Th St

    Year built
    1910
    Lot size
    0.06 lot acres
    Property size
    2,500 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    151316 AD 01700
    APU
    151316AD01700

    Description

    This exceptional retail opportunity is located in the heart of downtown Redmond, Oregon, at 528 & 536 SW 6th St, 97756. The property offers a total of 3,732 square feet of retail space, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,224 square feet to a maximum contiguous space of 2,508 square feet. This presents a unique chance for businesses seeking flexible space to suit their individual needs. The property's central downtown location provides excellent visibility and accessibility, ensuring high foot traffic and exposure to a thriving community. Situated in Deschutes County, this property benefits from a strong local economy and a desirable location within Redmond's vibrant commercial district. The address is easily accessible and offers ample opportunities for signage and branding. This is an ideal location for a variety of retail businesses seeking a prominent presence in a bustling Oregon city. The entire 3,732 square feet is currently available, allowing for a single large tenant or the possibility of dividing the space to accommodate multiple businesses. Don't miss this chance to establish your business in a prime downtown Redmond location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,910,000
      6.5%
      $1,635,000
      7%
      $1,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,960,000
      Geo Method
      $1,810,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,635,000
      Retail
      $1,920,000
      Mixed-Use
      $1,455,000
      Hospitality
      $1,570,000
      Educational
      $1,710,000
      Residential Income
      $1,940,000
      Energy
      $1,490,000
      Income-Based Land
      $2,010,000
      Food Service
      $1,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.174
    Latitude
    44.272
    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
    $1,723
    $0.00
    $0.00
    $86,840
    -
    $94,090
    $344,250
    $438,340

    Comparable in this City

    • Value Estimation by Request
      11,506 SF

      1826 6th St

      STORE, RETAIL OUTLET • 11,506 SF
      1826 6th St, Redmond, OR 97756-1205
      View Details
    • Value Estimation by Request
      2,500 SF

      423 6th St

      STORE, RETAIL OUTLET • 2,500 SF
      423 6th St, Redmond, OR 97756
      View Details
    • Value Estimation by Request
      11,583 SF

      2392 Hwy 97

      STORE, RETAIL OUTLET • 11,583 SF
      2392 Hwy 97, Redmond, OR 97756-8613
      View Details
    • Value Estimation by Request
      54,527 SF

      1705 Hwy 97

      STORE, RETAIL OUTLET • 54,527 SF
      1705 Hwy 97, Redmond, OR 97756-9647
      View Details
    • Value Estimation by Request
      4,961 SF

      1438 Hwy 97

      STORE, RETAIL OUTLET • 4,961 SF
      1438 Hwy 97, Redmond, OR 97756-8864
      View Details
    • Value Estimation by Request
      384 SF

      Redmond, OR 97756

      STORE, RETAIL OUTLET • 384 SF
      Redmond, OR 97756
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      62,726 SF

      Redmond Flex Commercial Spaces For Rent

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    528 6Th St
    Redmond, OR 97756
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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