Property profile

706 12th St Redmond, OR 97756

OFF-MARKET
Medical Office Space
Property ID
US71-0562688
2,708 SF 0.19 ac lot Built 1948
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1948
Total area 2,708 SF
Lot 0.19 ac (8,276 SF)
APN 151316 BD 10700
UPID US71-0562688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • State Government Office

Location

706 12th St Redmond, OR 97756-2662
Redmond metro Census 902 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$590k
Comparable Approach Comparable
$590k
Blend (final) Blend
$775k

Owner & transaction history

since 2022
Last sale
$725,000
4 recorded transactions
2022
$725,000
2005
Price N/A
2005
$1.8M
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.0M +19.8%
Commercial (general) $1.0M +17.3%
Retail stores $885,000 +2.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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