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    4Th St Redmond, OR 97756

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Pads, Home Depot Anchored

    Property size:
    132,548 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents three fully-serviced pad sites totaling 132,548 square feet, ideally situated in Redmond, Oregon's thriving north end. Located on NW 4th St, near the Highway 97 interchange, this development boasts unparalleled visibility and accessibility. The property features level, ready-to-build sites with existing streets and utilities, eliminating significant upfront development costs. These sites are perfectly positioned to capitalize on the strong traffic flow generated by adjacent Home Depot and Walmart anchors, ensuring high visibility and customer traffic. The 3.04-acre parcel offers ample on-site parking with 76 spaces available. This is a unique chance to establish a restaurant in a high-demand location. The land value ranges from $21 to $35 per square foot. Flexible ownership options are available, including seller financing, ground lease, and joint venture development opportunities, providing flexibility for various investment strategies. The property consists of four buildings, providing a robust infrastructure for immediate development. This is an exceptional opportunity for restaurant operators seeking a prime location with strong existing infrastructure and high visibility. Don't miss this chance to secure a prominent position in Redmond's vibrant retail landscape.

    Property Features for 0 4Th St

    General Information

    Property type
    Restaurants
    Square Feet
    132,548 SF
    Lot Size
    132,422 SF

    Building Details

    Buildings
    4

    HighLights

    • Three pad sites totaling 132,548 square feet available.
    • Level, ready‑to‑build sites with existing streets and utilities.
    • Flexible financing options including seller financing, ground lease, and joint ventures.
    • Excellent visibility and traffic flow due to adjacent Home Depot and Walmart.
    • High visibility from NW 4th Street and proximity to Highway 97 interchange.
    • Ample on‑site parking (76 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.1721438
    Latitude
    44.2837426

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Pads, Home Depot Anchored
    Where is this restaurant located?
    The property is located at 4Th St Redmond, OR.
    What are key features of this property?
    This property features: Three pad sites totaling 132,548 square feet available.; Level, ready-to-build sites with existing streets and utilities.; Flexible financing options including seller financing, ground lease, and joint ventures.
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    4Th St Redmond, OR 97756
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    Redmond, OR 97756
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4Th St Redmond, OR 97756
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