865 Veterans WayRedmond, OR 97756

  • Commercial real estate
  • 28,565 SF
For Lease
$24/SF/YR View listing

Property Details for 865 Veterans Way

Year built
2007
Lot size
1.56 AC
Property size (Sq ft)
28,565 SF
Property type
Commercial real estate
APN
151316 DB 00901
APU
151316DB00901

Description

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, pediatrics, dental, orthodontic, or cosmetic surgery practices. The building provides generous and professional common areas, including elevators and restrooms. Ample shared parking is available for patients and staff. The building's prominent signage ensures excellent visibility from Veterans Way, 9th Street, and Highland Avenue. This is a rare opportunity to acquire a well-maintained, highly visible medical office building in a thriving Oregon community. The single building is comprised of multiple tenancies and offers a strong investment opportunity in a desirable location. The property's strategic placement and modern amenities make it an attractive option for medical professionals seeking a high-quality space to establish or expand their practice.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,140,010
    Hospitality
    $7,456,205
    Educational
    $6,203,475
    Medical
    $6,416,822
    Retail
    $9,649,850
865 Veterans Way, Redmond, Oregon

Location Insight

City
Redmond
County
Deschutes
State
Oregon
Latitude
44.2688
Longitude
-121.178
CBSA code
13460
CBSA name
BEND, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$76,470
-
-
$3,853,070
-
$1,817,400
$7,654,040
$9,471,440

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