Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    404 25Th St Redmond, OR 97756

    Sponsored
    For Sale
    $850,000

    Shovel-ready, 12-unit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.01-acre lot at 404 NW 25th St, Redmond, OR 97756, presents a unique opportunity for mixed-use development. Zoned Mixed Use Neighborhood (MUN), this flat, shovel-ready site is perfectly positioned in a dense residential area of Deschutes County, offering immediate construction potential. All utilities are conveniently stubbed to the site, minimizing upfront costs and expediting the building process. Currently approved for a 12-unit live-work-loft development, the property boasts significant versatility. Potential uses include single-family and multifamily housing, retail spaces, restaurants, cafes, professional offices, personal services, grocery stores, community centers, assisted living facilities, schools, and daycare centers. The $850,000 asking price translates to $19.48 per square foot. This prime location provides easy access to major roads, shopping, dining, and recreational amenities, making it an ideal investment for developers seeking to capitalize on Redmond's thriving growth and community needs. The property's flat terrain ensures a straightforward construction process, saving both time and money. This is a rare chance to create a vibrant and sustainable development in a highly desirable area.

    Property Features for 404 25Th St

    General Information

    Property type
    Multifamily properties
    Lot Size
    43,996 SF

    Building Details

    Units
    12

    HighLights

    • Mixed‑use neighborhood site in dense residential area, suitable for commercial/residential development.
    • Approved for a 12‑unit live‑work‑loft project.
    • Potential uses include residential (single‑family & multifamily), retail, restaurants, offices, and personal services.
    • Level lot, ready for immediate construction.
    • All utilities are stubbed.
    • Level terrain allows for immediate construction, minimizing site prep costs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.196288
    Latitude
    44.279628

    Nearby Similar for Sale

    • $1,175,000
      Pending

      Redmond Mobile Home and RV Park

      25-space mobile home and RV park in downtown Redmond.
      735 NW Greewood Ave, Redmond, OR 97756
      View Details
    • $559,900
      0.19 Acres

      Redmond Duplex with Fenced Yards

      Single-story duplex in NE Redmond with garages and fenced yards.
      569 NE Negus Loop, Redmond, OR 97756
      View Details
    • $599,900
      0.24 Acres

      Redmond Duplex with RV Pad

      Well-maintained duplex with garages, yards, and RV pad.
      2723 SW Salmon Ave, Redmond, OR 97756
      View Details
    • New
      $614,900
      Pending

      Redmond Duplex with Fenced Yards

      Two-story duplex in Redmond, Oregon, with fenced back yards.
      2745 SW Salmon Ave, Redmond, OR 97756
      View Details
    • $1,650,000
      0.30 Acres

      Redmond Quadruplex Investment Opportunity

      New construction quadraplex in desirable SW Redmond neighborhood.
      3969 SW Badger Ave, Redmond, OR 97756
      View Details
    • New
      $1,600,000
      0.36 Acres

      Redmond Quadruplex Investment Opportunity

      New construction quadraplex in desirable SW Redmond neighborhood.
      3945 SW Badger Ave, Redmond, OR 97756
      View Details
    • $825,000
      0.19 Acres

      Redmond Industrial Mixed-Use Building

      Industrial building with mixed-use zoning, ideal for owner/user.
      407 SE Warsaw St, Redmond, OR 97756
      View Details
    • $875,000
      0.06 Acres

      Downtown Redmond Commercial Building For Sale

      2,500 SF commercial building in Redmond's downtown core.
      423 SW 6Th St, Redmond, OR 97756
      View Details
    • $900,000
      1.68 Acres

      Redmond Mixed-Use Property For Sale

      Mixed-use property with highway frontage and expansion potential in Redmond, OR.
      3625 Highway 97 N, Redmond, OR 97756
      View Details
    • $4,425,000
      3.50 Acres

      Redmond Industrial Site with Warehouse

      3.5-acre industrial site with 36,000 SF warehouse and office.
      330 SE Evergreen Ave, Redmond, OR 97756
      View Details
    • $1,195,000
      0.06 Acres

      Redmond Mixed-Use Property For Sale

      Mixed-use property in Midtown Redmond with retail and residential units.
      435 SW 6Th St, Redmond, OR 97756
      View Details
    • $475,000

      Redmond Ranch Home with Pond

      Serene ranch home on 0.4 acre lot with pond.
      2636 SW Mariposa Loop, Redmond, OR 97756
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Shovel-ready, 12-unit potential.
    Where is this multifamily property located?
    The property is located at 404 25Th St Redmond, OR.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Mixed-use neighborhood site in dense residential area, suitable for commercial/residential development.; Approved for a 12-unit live-work-loft project.; Potential uses include residential (single-family & multifamily), retail, restaurants, offices, and personal services.
    Request Owner's contact information
    404 25Th St Redmond, OR 97756
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    404 25Th St
    Redmond, OR 97756
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    404 25Th St Redmond, OR 97756
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.