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2285 S Highway 97 - Large Parcel Highway 97 in Redmond 2.38 Acres of Commercial Land Offered at $1,952,230 CAD in Redmond, OR 97756
Investment Highlights
- One of the last development opportunities with S Hwy 97 frontage
- Traffic counts exceeding 14,000 (AADT) along SW Canal Blvd and 34,900 (AADT) on Hwy 97
- minimal topographical challenges
- C-1 zoning allows for retail, restaurant/fast food, office and residential uses
- Utilities stubbed to the property
- 2.38 AC development site in Redmond, Oregon
Executive Summary
Property Facts
| Price | $1,952,230 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.38 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C1 - Strip Service Commercial | ||
| Price | $1,952,230 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.38 AC |
| Opportunity Zone |
Yes |
| Zoning | C1 - Strip Service Commercial |
1 Lot Available
Lot 03300
| Price | $1,952,230 CAD | Lot Size | 2.38 AC |
| Price Per AC | $820,264.53 CAD |
| Price | $1,952,230 CAD |
| Price Per AC | $820,264.53 CAD |
| Lot Size | 2.38 AC |
2.38 acre property is zoned C1 and is one of the few developmental properties available on S. 97.
Description
This 2.38 AC development site offers frontage along S Hwy 97 in Redmond, Oregon. Zoned Strip Service Commercial (C1), the property allows for retail, restaurant/fast food, office and residential uses. Utilities are stubbed to the property, and the site has minimal topographical challenges. The location benefits from traffic counts exceeding 14,000 AADT along SW Canal Blvd and 34,900 AADT on Hwy 97. The flyer’s aerial imagery on pages 1 and 2 shows the site positioned along Hwy 97 near established commercial development and a nearby shopping plaza.
Property Taxes
| Parcel Number | 124558 | Improvements Assessment | $0 CAD |
| Land Assessment | $376,897 CAD | Total Assessment | $376,897 CAD |
Property Taxes
Amenities
- Freeway Visibility
- Utilities
Presented by
2285 S Highway 97 - Large Parcel Highway 97 in Redmond
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