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    OFF-MARKET
    Industrial properties

    611 Jackpine Ct, Redmond, OR 97756-1897

    5,560 SF 1.21 ac lot Built 2017
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US71-0872514
    Property summary
    AI-generated overview

    This exceptional 2,280-square-foot industrial suite in Redmond, Oregon's Redmond Industrial submarket, is ready for immediate occupancy. Built in 2016, this modern space boasts excellent visibility from Highway 97, offering stunning Cascade Mountain views. The property features a 14-foot roll-up door, ideal for distribution, warehousing, or manufacturing businesses. The suite includes private offices, a fenced facility allowing tenant signage, and a 200-amp electrical panel to offset energy costs. Additional features include a 1" water line, permitting for food production or breweries, floor drains, a French drain, an 8'x10' cold storage room, and a tasting room with a separate entrance. Utility connections are available for dishwashers and refrigerators. The property sits on 1.2 acres and includes 32 parking spaces. The building is zoned M1 - Light Industrial and is part of the Jackpine Industrial Park, a two-building, two-story complex in Deschutes County, Oregon (zip code 97756). The entire 2,280 square feet is available.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 2017
    Total area 5,560 SF
    Lot 1.21 ac (52,708 SF)
    APN 151310 BD 00500
    UPID US71-0872514
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Redmondbend LLC · 4 yrs held
    Redmondbend LLC
    since 2022
    Last sale
    $4.0M
    3 recorded transactions
    2022
    2022
    $4.0M
    2016
    $161,600
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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