Technical
Financial
Distress signals
Property profile

538 Highland Ave Redmond, OR 97756

OFF-MARKET
Office buildings
Property ID
US71-0158324
3,056 SF 0.22 ac lot Built 1950
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 3,056 SF
Lot 0.22 ac (9,583 SF)
APN 151316 AD 05000
UPID US71-0158324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

538 Highland Ave Redmond, OR 97756-3116
Redmond metro Census 901 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$720k
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2022
Last sale
$1.0M
7 recorded transactions
2022
Price N/A
2019
Price N/A
2019
$425,000
2014
Price N/A
2005
$150,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.2M +39.8%
Commercial (general) $1.1M +36.9%
Retail stores $1.0M +19.5%

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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