63672 O. B. Riley Rd Bend, OR 97703

This exceptional 16.8-acre property in Bend, Oregon, presents a compelling investment opportunity. Located in Deschutes County, at 63672 O. B. Riley Rd, zip code 97703 (APN 113077), this land boasts a highly desirable Urbanizable Area (UA) zoning designation, as per the latest Comprehensive Plan. The expansive lot features approximately 12 acres of irrigation, offering significant potential for various industrial developments. Its strategic location near the upcoming Costco and just west of the Parkway ensures excellent visibility and accessibility. The property enjoys approximately 660 feet of frontage along O.B. Riley Road and is conveniently situated approximately 760 feet from the intersection of Cooley and O.B. Riley Roads, providing ample room for development within the Urban Growth Boundary. The property also includes a 1,516 square foot, three-bedroom, two-bathroom home, a 1,728 square foot shop, and a 756 square foot workshop, currently rented month-to-month for $1,250. This turnkey offering presents a rare chance to acquire a substantial parcel of land with existing income-generating structures, poised for significant future growth. The asking price for this exceptional property is $16,800,000.