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Property profile & analytics
OFF-MARKET Estimated value $1,400,000
Super regional malls

655 Greenwood Ave Redmond, OR 97756-1672

6,336 SF 0.72 ac lot Built 2006
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US71-0855764
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2006
Total area 6,336 SF
Lot 0.72 ac (31,363 SF)
APN 151309 DB 05201
UPID US71-0855764
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
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.40M
Owner & transaction history
Eagle Plaza LLC · 1 yrs held
Eagle Plaza LLC
since 2024
Last sale
$1.4M
7 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$1.4M
2007
Price N/A
2006
$1.8M
2006
Price N/A
2005
$389,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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