Prime Commercial Site on
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1950 NE 2nd St, Redmond, OR 97756
4.01-acre commercial site with high visibility in Redmond, Oregon.
Property SizeContact for details
Lot Size4.01 Acres
Days on Market1000
Property Features for 1950 NE 2nd St
General Information
Standard status
Active
Lot size
4.01 Acres
Property subtype
Retail
Zoning
Strip Service Commercial (C1)
Listing Agency:
Compass Commercial Real Estate Services
(541) 383-2444
Listed By:
Peter May · License #OR 200606373
Source:
Crexi
Added: Nov 16, 2023
Changed: Aug 8
Last Checked: Aug 11 at 3:26PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.
