This exceptional 4.01-acre commercial lot in Redmond, Oregon, presents a remarkable investment opportunity. Located in a prime northern retail center, this high-profile site boasts unparalleled visibility and accessibility, directly abutting Highway 97, a major north-south transportation corridor with an estimated 24,100 AADT (ODOT 2017). Its strategic position adjacent to established retailers like Walmart and Home Depot ensures high traffic volume and exposure. The property is zoned Strip Service Commercial (C1), offering versatile development potential for a wide range of uses, including small-box retail, hotels, restaurants, medical offices, automotive sales, RV sales, and high-density residential. Utilities are conveniently located on-site, and a COI irrigation canal provides a unique seasonal water amenity. The level lot features panoramic Cascade Mountain views, enhancing its aesthetic appeal and desirability. Significant due diligence has already been completed, streamlining the development process. This central location provides easy access to Redmond, Bend, Prineville, Madras, and Sisters, making it an ideal location to serve the entire Central Oregon region. The asking price is $2,100,000, translating to $12 per square foot. This is a rare opportunity to acquire a high-impact commercial property in a thriving market.
Highlights
High-visibility 4.01-acre commercial lot with excellent exposure.
Prime Redmond, OR location adjacent to Walmart, Home Depot, and Hwy 97.
On-site utilities available.
Seasonal water amenity from COI irrigation canal.
Panoramic Cascade Mountain views.
C1 zoning permits diverse uses including retail, hospitality, medical, automotive, and residential.
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Contacts
Peter May
Russell Huntamer
Ronald Ross
Eli Harrison
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1950 2Nd St, Redmond, Oregon, 97756
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1950 2Nd St
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