Financial
Distress signals
Property profile

865 SW Veterans Way Redmond, OR 97756

FOR LEASE
Commercial real estate
Property ID
US71-0259966
28,565 SF 1.56 ac lot Built 2007
Last sale Mar 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A medical office building, constructed in 2007, offers a total of 28,565 square feet across three stories. Situated on a 1.56-acre lot at 865 SW Veterans Way, Redmond, OR 97756, this property boasts an ideal location in the heart of Redmond, close to retail and other essential services. The building features two available suites, ranging in size from 1,472 to 4,851 square feet, perfect for a variety of medical practices. Its C2 zoning makes it suitable for urgent care,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$76k
Tax billed · 2023
Assessed value$3.85M
Effective rate1.98%

Value estimate

· Sep 2026
$12.69M
$11.42M – $13.95M
Submarket $/SF estimate$12.68M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$374/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$159 – $690

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDESCHUTES

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.5
Tailor Shop9.4
Parking Facility9.0

Location

865 SW Veterans Way Redmond, OR 97756
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
457 6th, Redmond, OR 97756-2204 $1,540,000 Jun 2023 7,500 SF
325 5th, Redmond, OR 97756-1810 $1,600,000 Aug 2022 10,500 SF
222 7th, Redmond, OR 97756-1756 $1,145,000 May 2022 4,694 SF
631 Antler, Redmond, OR 97756-2153 $1,610,000 Dec 2021 7,610 SF
1486 6th, Redmond, OR 97756-1151 $749,000 Dec 2021 6,000 SF
628 Glacier, Redmond, OR 97756-2743 $985,000 Jun 2021 8,850 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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