1410 Canal Blvd, Redmond, OR 97756
This exceptional 1.59-acre commercial land parcel presents a unique development opportunity in the thriving city of Redmond, Oregon. Located at the highly visible southwest corner of Canal Boulevard and Veterans Way, this C1-zoned property boasts exceptional visibility and accessibility. The site benefits from a signalized intersection, ensuring optimal exposure to a substantial daily traffic volume. Its strategic location places it directly across from established businesses such as Starbucks, Jimmy John's, and Mattress Firm, further enhancing its desirability. The proximity to major retailers like Fred Meyer and Lowe's provides additional advantages for potential development projects. The asking price for this prime development land is $1,820,000. The property's address is 1410 SW Canal Blvd, Redmond, OR 97756, within Deschutes County. This location offers significant potential for a variety of commercial ventures, capitalizing on the strong economic growth and high demand for commercial space in Redmond. The 1.59-acre lot size provides ample space for a substantial development, making it an attractive investment for developers seeking a high-impact location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.