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404 NW 25th St - Senior Living or Mixed-Use Development Land 1.01 Acres of Commercial Land Offered at $750,000 in Redmond, OR 97756

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INVESTMENT HIGHLIGHTS

  • Rare shovel-ready 1.01-acre site in NW Redmond with strong growth indicators
  • Conceptual plan includes 44 senior housing units + 10,000 SF of ground-floor commercial
  • Ideal for a market-ready senior living campus or dynamic mixed-use community hub
  • MUN zoning requires mixed-use, creating a built-in opportunity for value-driven development
  • Utilities stubbed and flat terrain—streamline your path from acquisition to vertical build
  • Positioned in a rapidly expanding corridor with demand for housing, services, and amenities

EXECUTIVE SUMMARY

This 1.01-acre shovel-ready site in NW Redmond offers an exceptional opportunity to develop a senior living community or a vibrant mixed-use project. Zoned Mixed Use Neighborhood (MUN), the property requires a combination of residential and commercial uses, making it ideal for assisted or independent living with integrated services such as dining, retail, or wellness spaces. A conceptual site plan illustrates 44 residential units with 10,000 SF of ground-floor commercial space and 70 total parking stalls. With flat topography, utilities stubbed, and a strategic location in a rapidly growing area, this property is well-positioned to meet the region’s rising demand for senior housing or thoughtfully integrated mixed-use development.

PROPERTY FACTS

Price $750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 1.01 AC
Zoning MUN - Mixed Use Neighborhood

1 LOT AVAILABLE

Lot

Price $750,000
Price Per AC $742,574.26
Lot Size 1.01 AC

1.01-acre flat, shovel-ready lot in Redmond’s NW corridor. Zoned MUN for mixed-use development with utilities stubbed and excellent access. Ideal for residential/commercial blend in a growing area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
243749
Land Assessment
$87,110
Improvements Assessment
$0
Total Assessment
$87,110
  • Listing ID: 28666848

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: 404 NW 25th St, Redmond, OR 97756

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