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958 Sixth St - Heart of Redmond Commercial Acreage 2.31 Acres of Commercial Land Offered at $2,515,000 in Redmond, OR 97756
INVESTMENT HIGHLIGHTS
- Two options for sale: A 2.3 +/- acre parcel or a 4.6 +/- acre parcel
- Located on Hwy. 97 Business, also known as Sixth Street, and two blocks from Hwy. 97, the region’s primary state highway
- Land is remarkably flat and has exceptional visibility
- Situated next to the hospital/medical center campus in an area of rapid residential growth, near mid- and large-box retailers
- Commercially zoned for a wide variety of uses, including retail, hospitality, multi-family and service
- Approximately 10,000 vehicles a day passing in front of it plus 30,000+ on nearby Hwy. 97
EXECUTIVE SUMMARY
The property is in the C2 (Central Business District Commercial) zone in Redmond. This zone allows for a wide variety of uses, including retail, multi-family, medical, service, and hospitality. It is considered to be one of the most flexible use zones in Redmond. In addition, the property sits in an urban renewal district that can qualify it for a wide variety of possible tax abatements, grants and loans.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,515,000 | Lot Size | 2.31 AC |
| Price Per AC | $1,088,744.59 |
| Price | $2,515,000 |
| Price Per AC | $1,088,744.59 |
| Lot Size | 2.31 AC |
Large acreage commercial properties in the heart of town are increasingly difficult to find. This 2.31 to 4.57 acre offering is a rare exception. Located along Hwy. 97 Business and next to the second largest medical campus in the region.
DESCRIPTION
Redmond, Oregon, is one of the Pacific Northwest’s fastest growing cities. Its 21st-century technology employers, astounding quality of life amenities, and diverse economy, with healthcare, government, tourism, and manufacturing entities, adds up to a city well-positioned for even more smart growth. Consider these highlights: Two options for sale: A 2.3 +/- acre parcel or a 4.6 +/- acre parcel; Situated next to the hospital/medical center campus in an area of rapid residential growth, near mid- and large-box retailers, the regional airport, and large employers; Located on Hwy. 97 Business, also known as Sixth Street, and two blocks from Hwy. 97, the region’s primary state highway; Commercially zoned for a wide variety of uses, including retail, hospitality, multi-family and service. Plus urban renewal grants/loans possible; Land is remarkably flat and has exceptional visibility, with approximately 10,000 vehicles a day passing in front of it.
PROPERTY TAXES
| Parcel Number | 122309 | Improvements Assessment | $0 |
| Land Assessment | $342,400 | Total Assessment | $342,400 |
PROPERTY TAXES
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958 Sixth St - Heart of Redmond Commercial Acreage
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