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Property profile & analytics
FOR LEASE
Office buildings

703 N Larch St Sisters, OR 97759

6,000 SF 0.76 ac lot Built 1999
Entity Owned 6-yr Hold Free & Clear
Property ID
US71-0533638
Property summary
AI-generated overview

This exceptional 6,000-square-foot executive office building, situated on 0.81 acres in Sisters' industrial area, presents a unique opportunity. Built in 1999, this single-story structure boasts 14 parking spaces, providing ample convenience for staff and clients. The building's LI zoning allows for a variety of professional uses. The interior features a spacious open office and lobby area, ideal for a waiting room, reception area, or collaborative workspace. Three private offices offer secluded areas for individual work or meetings. A convenient kitchenette and private restroom enhance the functionality of the space. High-quality wood finishes throughout create a professional and inviting atmosphere. The property enjoys excellent accessibility, with easy access to Highway 20, facilitating seamless commutes for employees and clients. This location benefits from established co-tenants, including the Deschutes County Sheriff's Office and Black Butte Veterinary, adding to the prestige and security of the area. The property is perfect for a corporate headquarters or ancillary medical practices such as mental health, chiropractic, or physical therapy. This is a rare opportunity to acquire a well-maintained, strategically located office building in the thriving community of Sisters, Oregon.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 6,000 SF
Lot 0.76 ac (33,106 SF)
APN 151004 CA 00100
UPID US71-0533638
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
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.36M
Owner & transaction history
Deschutes County · 6 yrs held
Deschutes County
since 2019
3 recorded transactions
2019
$1.0M
2014
Price N/A
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.2M +26.7%
Restaurant $2.2M +25.4%
Retail stores $2.1M +16.5%
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More about this property
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