Highway 97 Redmond, OR 97756
- Land
- 778.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 97
- Lot size
- 778.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.209
- Latitude
- 44.2257
