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    OFF-MARKET
    Land

    0 Highway 97, Redmond, OR 97756

    778 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 778-acre commercial land parcel presents a unique investment opportunity in Redmond, Oregon. Located at 0 S Hwy 97, Deschutes County, this expansive property is one of the largest available in the entire state. Its strategic location offers significant advantages for large-scale development. The property benefits from a multitude of local, county, and state incentives designed to maximize returns. These include a Super Enterprise Zone designation, providing property tax abatement and potential income and payroll tax credits based on employment for qualifying projects over 7 to 15 years. The zone sponsors include the cities of Redmond and Sisters, and Deschutes County. Further enhancing its appeal, this South Redmond property also qualifies for a Food Processor Property Tax Exemption, is designated as an eCommerce Zone, and is eligible for Oregon Investment Advantage (OIA) tax exemptions. Minimum parcel size for sale is 50 acres. This prime location and the substantial incentives make this a compelling opportunity for developers seeking significant returns. The property's size and strategic location offer unparalleled potential for a variety of commercial ventures. The zip code is 97756.

    Property profile
    Verified
    Property type Land
    Lot 778 ac (33,889,680 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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