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Industrial Development Land Parcel
For Sale
Contact for pricing
Pending

2502 SE First Street, Redmond, OR 97756

Approximately 3.5 acres of development land with access planned off First Street.

Property SizeContact for details
Lot Size3.50 Acres
Days on Market143

Property Features for 2502 SE First Street

General Information

Standard status Pending
Lot size 3.50 Acres
Property subtype Industrial

Additional Details

Road Access Yes
Listing Agency: NAI Cascade Commercial Real Estate Services, Worldwide
Listed By: Katy Haines · License #OR 201210462
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cascade Commercial Real Estate Services, Worldwide

Investment Insights

Based on property information with market context.

This offering consists of approximately 3.5 acres of development land. The parcel is being partitioned, and that work was completed in early 2021. Access is planned off of First Street, with the access located about 1/8 mile from the entrance to the only regional airport.

Located in Redmond’s industrial and service area, the site is positioned for future development opportunities consistent with its planned access and recently completed partitioning work.

Key Highlights

  • Approximately 3.5 acres of development land
  • Located in Redmond’s industrial and service area
  • Parcel partitioning completed in early 2021

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Pet Grooming Service Plumbing Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 97756, OR

42,168
Population
18,335
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
92%
High-School Grad
126.3 sq mi
ZIP Area
334
Density / Sq Mi
$84,067
Median Household Income
$41,909
Median Earnings
$1,473
Median Rent
$469,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Approximately 3.5 acres of development land with access planned off First Street.
Where is this industrial land located?
The property is located at 2502 SE First Street Redmond, OR.
What are key features of this property?
This property features: Approximately 3.5 acres of development land; Located in Redmond’s industrial and service area; Parcel partitioning completed in early 2021
More about this property
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