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    Property profile & analytics

    552 6th St Redmond, OR 97756-2701

    • Banks
    • 6,259 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 23, 2024
    $1,750,000
    Location Intelligence
    Property ID
    US71-0067715
    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

    • Banks

    Property Details for 552 6th St

    Year built
    1925
    Lot size
    0.14 lot acres
    Property size
    6,259 SF
    Property type
    Banks
    APN
    151316 AD 01500
    APU
    151316AD01500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.174
    Latitude
    44.2718
    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
    $11,231
    $0.00
    $0.00
    $565,870
    -
    $195,150
    $1,067,930
    $1,263,080

    Comparable in this City

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      4,971 SF

      1502 Odem Medo Rd

      FINANCIAL BUILDING • 4,971 SF
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      3,623 SF

      2625 17th Pl

      FINANCIAL BUILDING • 3,623 SF
      2625 17th Pl, Redmond, OR 97756-9625
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    • Value Estimation by Request
      3,328 SF

      948 Veterans Way

      FINANCIAL BUILDING • 3,328 SF
      948 Veterans Way, Redmond, OR 97756-2532
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    • Value Estimation by Request
      4,800 SF

      154 6th St

      FINANCIAL BUILDING • 4,800 SF
      154 6th St, Redmond, OR 97756-2105
      View Details
    • Value Estimation by Request
      6,509 SF

      558 5th St

      FINANCIAL BUILDING • 6,509 SF
      558 5th St, Redmond, OR 97756
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      17,000 SF

      Redmond Retail Space For Lease

      Retail space available for lease in high-traffic Redmond corridor.
      1921 NW 6Th St, Redmond, OR 97756
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      62,726 SF

      Redmond Flex Commercial Spaces

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      7,825 SF

      Retail Space in High Traffic Center

      Retail space with open layout, storage, and ADA restroom.
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    • $1.75 SF/Yr
      62,726 SF

      Redmond Flex Commercial Spaces

      Two flex spaces in rapidly expanding NW Redmond. Completion mid-2026.
      2450 NW 7Th St, Redmond, OR 97756
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    • New
      $1.85 SF/Yr
      4,792 SF

      Redmond Commercial Building For Lease

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      917 SW Highland Ave, Redmond, OR 97756
      View Details
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    Redmond, OR 97756-2701
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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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