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NW 4th St - Virginia Center Retail Pad Sites 1.1 - 1.37 Acre Commercial Land Lots Offered at $1,000,000 - $1,300,000 Per Lot in Redmond, OR 97756
Investment Highlights
- Anchored by Home Depot
- Seller financing, ground lease, and joint venture development opportunities
- Strong traffic flow generated by Home Depot and Walmart
- Level, fully ready-to-build sites with streets and utilities in place
- Great visibility from 6th Street
- Located on Redmond's north end close to the Highway 97 interchange
Property Facts
| Price | $1,000,000 - $2,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 2 | Total Lot Size | 3.85 AC |
| Property Type | Land | ||
| Zoning | C1 - STRIP SERVICE COMMERCIAL | ||
| Price | $1,000,000 - $2,300,000 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 3.85 AC |
| Zoning | C1 - STRIP SERVICE COMMERCIAL |
2 Lots Available
Lot 1
| Price | $1,000,000 | Lot Size | 1.10 AC |
| Price Per AC | $909,090.91 |
| Price | $1,000,000 |
| Price Per AC | $909,090.91 |
| Lot Size | 1.10 AC |
48,084 square foot pad site. Includes space for 20 parking spaces.
Lot 2
| Price | $1,300,000 | Lot Size | 1.37 AC |
| Price Per AC | $948,905.11 |
| Price | $1,300,000 |
| Price Per AC | $948,905.11 |
| Lot Size | 1.37 AC |
59,461 square foot pad site. Includes space for 35 parking spaces and two building sites.
Description
Virginia Center Retail Pad Sites offers two level, fully ready-to-build retail pad sites located along NW 4th Street in Redmond, Oregon, anchored by Home Depot. The project consists of four total lots totaling 132,548 SF or 3.04 AC, with two lots sold already. One lot will be home to First Community Credit Union and one lot will feature a multi-tenant retail development. Lot 1 includes 48,084 SF or 1.1 AC, Lot 2 includes 59,461 SF or 1.37 AC. Streets and utilities are in place, providing shovel-ready development opportunities within a high-traffic retail corridor on Redmond’s north end near the Highway 97 interchange. The site benefits from strong traffic flow generated by Home Depot and Walmart, excellent visibility from NW 6th Street, and ample on-site parking planned within the center. Seller financing, ground lease, and joint venture development opportunities are available.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,419,440 | Total Assessment | $1,419,440 |
Property Taxes
Contacts
-
Adam Bledsoe -
Russell Huntamer -
Eli Harrison -
Compass Commercial Real Estate Services
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NW 4th St - Virginia Center Retail Pad Sites
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