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    OFF-MARKET
    Retail properties & Spaces

    0 4Th St, Redmond, OR 97756

    132,548 SF 3.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Total area 132,548 SF
    Lot 3.04 ac (132,422 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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