4Th St Redmond, OR 97756
- Retail properties
- 132,548 SF
- 3.04 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 4Th St
- Lot size
- 3.04 lot acres
- Property size
- 132,548 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.172
- Latitude
- 44.2837
