498 SW Veterans Way in Redmond is listed at $526,500. It has 2,700 square feet, sits on 0.55 acres, and was built in 2000. Status is Pending, with 349 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Positioned near the Redmond Airport within the Redmond Enterprise Zone, this 2,700 SF light industrial building offers an excellent owner/user opportunity with a versatile mix of office, warehouse, and covered storage areas. The structure features two roll-up doors providing efficient access for shipping, receiving, or light manufacturing operations. Situated on a 0.88-acre lot with ample yard space, the property allows for outdoor storage or future expansion. Its Light Industrial (M1) zoning accommodates a wide range of business uses. With easy connectivity to Highway 97 and convenient access to Central Oregon's industrial and commercial hubs, the location supports both operational efficiency and long-term growth. Ideal for small manufacturers, service contractors, or local distribution users seeking a flexible and accessible industrial facility in a thriving Redmond submarket.
A rough estimate, not a quote. Loan amount $421,200 · $105,300 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
0.54 acres on the county assessor's map, tax lot 151321AB00400 · County record. Deschutes County Assessor's Office.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Redmond. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
Redmond
live MLS through Oregon Data Share, active single-family houses in Redmond, the same count and median list the Redmond market figures on this site publish (market_metric, place membership). This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 14, 2026
| Date | Event | Price |
|---|---|---|
| Oct 30, 2025 | Listed | $527,000 |
| Year |
|---|
| 2024 |
Tax as filed on the listing. Deschutes County. Parcel 150711. County assessor
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Redmond · What to do about this house
The typical cut was 3.7% off the original ask, and the typical home went under contract in 26 days.
Redmond single family homes · every sale that closed in the 12 months to October 13, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=708 · complete_through=2026-10-13 · read 2026-10-15 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=317 · complete_through=2026-10-13 · read 2026-10-15 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=690 · complete_through=2026-10-13 · read 2026-10-15 | public.listings, this listing · OnMarketDate 2025-10-30, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of Compass Commercial Real Estate
Data last updated October 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.