815 Canal Blvd Redmond, OR 97756

This exceptional 1.71-acre parcel in Redmond, Oregon, presents a remarkable opportunity for high-density multifamily development. Located at 815 NW Canal Blvd, 97756, in Deschutes County, this property boasts an R-5 zoning designation, permitting a maximum density of 17.4 units per acre. The lot itself measures approximately 570 feet in length and 140 feet in width, offering excellent visibility from both northbound and southbound US 97, ensuring high traffic exposure for any future development. The property's strategic location and zoning make it ideal for a variety of multifamily projects. Currently, a 1240 square foot single-family residence sits on the land, offering potential for immediate income or future redevelopment. The asking price for this prime development opportunity is $1,200,000. This is a rare chance to acquire a high-density residential lot in a thriving Oregon community with exceptional visibility and development potential. The property's dimensions and zoning regulations provide a solid foundation for a successful multifamily project. Don't miss this chance to capitalize on the growing demand for housing in this desirable location.