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    FOR SALE
    Industrial land

    1050 E Antler Ave, Redmond, OR 97756

    46.61 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US71-1141767
    Property summary
    AI-generated overview

    This 19.8-acre industrial land parcel in Redmond, Oregon (APN 1513150000100), is zoned for Light Industrial (M-1) use. Strategically located at 1050 E Antler Ave, 97756, it offers exceptional access to Highway 97 and Redmond Municipal Airport (RDM), just 2.8 miles away. The property benefits significantly from Redmond's $33 million Eastside Arterial Project, enhancing accessibility and connectivity within the city's evolving industrial transportation network. Situated within the Greater Redmond Area Enterprise Zone, this site provides substantial tax incentives, including potential property tax exemptions for eligible businesses, for up to 15 years. This is a prime opportunity to capitalize on Central Oregon's robust economic growth and expanding industrial sector. Deschutes County's employment base has increased by 45% since 2010, and Redmond boasts some of the lowest operating costs in the Pacific Northwest, including affordable land costs, tax abatement, fast-track permitting, and electricity rates 10% below the national average. The site's location offers access to a skilled workforce exceeding 122,501 workers. This property presents a unique investment opportunity in a rapidly growing area with strong economic fundamentals and proactive infrastructure development.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 46.61 ac (2,030,332 SF)
    APN 151315 00 00100
    UPID US71-1141767
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.03M
    Owner & transaction history
    Diamond P Holding Company LLC · 1 yrs held
    Diamond P Holding Company LLC
    since 2024
    Last sale
    $2.0M
    3 recorded transactions
    2024
    $3.5M
    2021
    $2.0M
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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