404 25Th St Redmond, OR 97756
- Residential income homes
- 1.01 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 404 25Th St
- Lot size
- 1.01 lot acres
- Property type
- Residential income homes
Description
This exceptional 1.01-acre lot at 404 NW 25th St, Redmond, OR 97756, presents a unique opportunity for mixed-use development. Zoned Mixed Use Neighborhood (MUN), this flat, shovel-ready site is perfectly positioned in a dense residential area of Deschutes County, offering immediate construction potential. All utilities are conveniently stubbed to the site, minimizing upfront costs and expediting the building process. Currently approved for a 12-unit live-work-loft development, the property boasts significant versatility. Potential uses include single-family and multifamily housing, retail spaces, restaurants, cafes, professional offices, personal services, grocery stores, community centers, assisted living facilities, schools, and daycare centers. The $850,000 asking price translates to $19.48 per square foot. This prime location provides easy access to major roads, shopping, dining, and recreational amenities, making it an ideal investment for developers seeking to capitalize on Redmond's thriving growth and community needs. The property's flat terrain ensures a straightforward construction process, saving both time and money. This is a rare chance to create a vibrant and sustainable development in a highly desirable area.
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
- -121.196288
- Latitude
- 44.279628