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Infill Commercial Development Site
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1921 N Hwy 97, Redmond, OR 97756

Commercial land positioned across from a Walmart Supercenter near Goodwill, completing a lighted intersection’s fourth leg.

Days on Market112

Property Features for 1921 N Hwy 97

General Information

Standard status Pending
Property subtype Land
Listing Agency: NAI Cascade Commercial Real Estate Services, Worldwide
Listed By: Jenn Limoges, CCIM · License #OR 201207479
Source: Crexi
Added: Apr 10 Changed: Jul 22 Last Checked: Jul 29 at 3:59PM

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 commercial land parcel is presented as an infill development opportunity. The property is described as completing the 4th leg of a lighted intersection, with access aligned to N Highway 97/NW 6th Street and NW Oak Tree Lane.

The site is located across from a busy Walmart Supercenter and just south of Goodwill. Addressed at 1921 N Hwy 97, Redmond, OR 97756, the positioning places the parcel at a prominent intersection for vehicular approach from the surrounding roads.

Adjacent to the west, additional residential land is expected to be developed as townhomes no later than 2019, with a connection planned between NW Canyon Drive and N Highway 97/NW 6th Street. The combination of the corner configuration and nearby development is intended to support future commercial activity at the site.

Key Highlights

  • Commercial land positioned across from a Walmart Supercenter near Goodwill
  • Located to complete the 4th leg of the lighted intersection at N Highway 97/NW 6th Street and NW Oak Tree Lane
  • Adjacent residential land to the west has a new townhome development expected no later than 2019

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

679
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land positioned across from a Walmart Supercenter near Goodwill, completing a lighted intersection’s fourth leg.
Where is this commercial land located?
The property is located at 1921 N Hwy 97 Redmond, OR.
What are key features of this property?
This property features: Commercial land positioned across from a Walmart Supercenter near Goodwill; Located to complete the 4th leg of the lighted intersection at N Highway 97/NW 6th Street and NW Oak Tree Lane; Adjacent residential land to the west has a new townhome development expected no later than 2019
More about this property
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