655 Greenwood Ave Redmond, OR 97756-1672
- Super regional malls
- 6,336 SF
- 0.72 lot acres
Current Use by Public Records
- Super regional malls
Property Details for 655 Greenwood Ave
- Year built
- 2006
- Lot size
- 0.72 lot acres
- Property size
- 6,336 SF
- Property type
- Super regional malls
- APN
- 151309 DB 05201
- APU
- 151309DB05201
Description
This exceptional retail opportunity presents 2,934 square feet of commercial space situated in the vibrant Central Business District (C2) of Redmond, Oregon. Located at 655 NW Greenwood Ave, 97756, Eagle Plaza Retail Center offers a dynamic mix of existing tenants and a significant vacant space of 1,368 square feet, perfect for a variety of businesses. The property boasts ample parking with 30 onsite spaces supplemented by convenient street parking, ensuring easy access for customers and employees. The building's versatile zoning allows for a range of commercial uses, including restaurants and retail establishments. This is an ideal location for businesses seeking high visibility and foot traffic in a thriving community. The property is currently available for sale and presents a strong investment opportunity in a desirable market. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront costs and maximizing return on investment. With its strategic location and ample parking, Eagle Plaza Retail Center offers a unique chance to establish or expand a successful business in the heart of Redmond. The 1,368 square foot vacant space is ready for immediate customization to suit your specific business needs. Deschutes County's robust economy and growing population make this a particularly attractive investment prospect.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,315,000
- 6.5%
- $1,405,000
- 7%
- $1,360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,450,000
- Geo Method
- $1,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,595,000
- Retail
- $1,215,000
- Mixed-Use
- $1,470,000
- Hospitality
- $1,400,000
- Educational
- $1,210,000
- Residential Income
- $1,205,000
- Energy
- $1,510,000
- Income-Based Land
- $1,275,000
- Food Service
- $1,640,000
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.175
- Latitude
- 44.2823
- CBSA code
- 13460
- CBSA name
- BEND, OR METROPOLITAN STATISTICAL AREA
