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Prime Commercial Site on Highway

1950 NE 2nd St, Redmond, OR 97756

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4.01-acre commercial site with high visibility in Redmond, Oregon.

Type:Retail

Lot size:

4.01 Acres

HighLights

High‑profile 4.01‑acre commercial site abutting Highway 97 in fast‑growing Redmond, Oregon.
Excellent visibility and accessibility with high traffic counts (24,100 AADT) on a four‑lane divided highway.
Utilities are in the street, and much of the due diligence work has already been completed.
Centrally located to service all Central Oregon communities.
Suitable for a variety of uses including hotels, multifamily, retail, medical, RV and auto sales.
Abuts US Highway 97, a major north‑south transportation corridor.

We can help!

Listing Contact

Peter May

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For Sale

Contact for pricing

4.01-acre commercial site with high visibility in Redmond, Oregon.

Type:Retail

Lot size:

4.01 Acres

Added:: Nov 16, 2023
Days on Market:: 942
Last Refresh:: May 12 at 8:02 pm

Property Features for 1950 NE 2nd St

General Information

Standard status: Active
Lot size: 4.01 Acres
Property subtype: Retail

We can help!

Listing Contact

Peter May

Listing agent Peter May License #OR 200606373

Listing office Compass Commercial Real Estate Services

Listing date Nov 16, 2023

Source Crexi

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 Compass Commercial Real Estate Services

HighLights

High‑profile 4.01‑acre commercial site abutting Highway 97 in fast‑growing Redmond, Oregon.
Excellent visibility and accessibility with high traffic counts (24,100 AADT) on a four‑lane divided highway.
Utilities are in the street, and much of the due diligence work has already been completed.
Centrally located to service all Central Oregon communities.
Suitable for a variety of uses including hotels, multifamily, retail, medical, RV and auto sales.
Abuts US Highway 97, a major north‑south transportation corridor.

Overview

This 4.01-acre commercial site is located in Redmond, Oregon, abutting Highway 97, a central hub for the region. The level site offers high visibility and is suitable for various uses, including hotels, multifamily housing, retail, medical facilities, RV and auto sales. Utilities are available in the street, and much of the due diligence work has been completed. The property is centrally located to service the Central Oregon communities of Redmond, Bend, Prineville, Madras, and Sisters. US Hwy 97 is a major north-south transportation corridor beginning in Northern California running the length of Oregon and Washington, and continuing on into Canada. This segment is a four-lane divided highway with traffic counts estimated at 24,100 AADT (ODOT 2017). There are major on/off ramps just north of subject property and right only entry just to the south of the subject.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Redmond
County: Deschutes
State: Oregon
Longitude: -121.167845
Latitude: 44.291685

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For sale
Commercial land
OR
Redmond
97756
1950 NE 2nd St

What type of property is this?

Commercial land - 4.01-acre commercial site with high visibility in Redmond, Oregon.

Where is this commercial land located?

The property is located at 1950 NE 2nd St Redmond, OR.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: High‑profile 4.01‑acre commercial site abutting Highway 97 in fast‑growing Redmond, Oregon.; Excellent visibility and accessibility with high traffic counts (24,100 AADT) on a four‑lane divided highway.; Utilities are in the street, and much of the due diligence work has already been completed.