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4561 SW 39th St - Mixed-Use Development Property 7.04 Acres of Commercial Land Offered at $2,700,000 in Redmond, OR 97756
INVESTMENT HIGHLIGHTS
- At the south end of Redmond with easy access to Hwy 97 and Bend
- Surrounded by new residential development
- City water and sewer in adjacent streets
- Close to the new Westmount mixed-use development which features Sunriver Brewing, Backporch Coffee, and Bonta Gelato
- Across from the new Ridgeview High School
- 1,950 SF house and outbuildings for current rental income
EXECUTIVE SUMMARY
This 7.04-acre mixed-use development site at 4561 SW 39th St, Redmond, Oregon, offers a prime opportunity in one of Central Oregon’s fastest-growing markets. Priced at $2,700,000 ($9.03/SF), the property is positioned within the Urban Growth Boundary and is slated for Mixed-Use Neighborhood (MUN) zoning upon annexation, allowing multifamily, small-scale retail, office, and restaurant uses.
The site features flat topography, city water and sewer in adjacent streets, and a 1,950 SF home with rental income during entitlement. Located across from Ridgeview High School and near the Westmount development (Sunriver Brewing, Backporch Coffee), it benefits from excellent exposure and strong market momentum.
With easy Hwy 97 access and projected 1.58% annual population growth through 2028, this property is perfectly positioned for a vibrant, walkable development aligned with Redmond’s 2040 Comprehensive Plan.
The site features flat topography, city water and sewer in adjacent streets, and a 1,950 SF home with rental income during entitlement. Located across from Ridgeview High School and near the Westmount development (Sunriver Brewing, Backporch Coffee), it benefits from excellent exposure and strong market momentum.
With easy Hwy 97 access and projected 1.58% annual population growth through 2028, this property is perfectly positioned for a vibrant, walkable development aligned with Redmond’s 2040 Comprehensive Plan.
PROPERTY FACTS
| Price | $2,700,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 7.04 AC |
| Zoning | MUN - Mixed-Use Neighborhood (Annexation is required to pursue this city zoning) | ||
| Price | $2,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 7.04 AC |
| Zoning | MUN - Mixed-Use Neighborhood (Annexation is required to pursue this city zoning) |
1 LOT AVAILABLE
Lot
| Price | $2,700,000 | Lot Size | 7.04 AC |
| Price Per AC | $383,522.73 |
| Price | $2,700,000 |
| Price Per AC | $383,522.73 |
| Lot Size | 7.04 AC |
Flat topography, spectacular mountain views
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4561 SW 39th St - Mixed-Use Development Property
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