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Investment Highlights

  • Rare unrestricted 35-foot access to Highland Avenue/Highway 126
  • Efficiently shaped lot with minimal topographical challenges
  • Commercial uses allowed under conditional use permit
  • Zoned General Residential (R4), which allows for multifamily, townhomes, cottage clusters, or other residential development (buyer to verify)
  • Located 1.5 miles west of Highway 97 and downtown Redmond
  • Located in the Enterprise Zone

Executive Summary

This 3.99-acre development opportunity offers exceptional visibility along Highway 126/Highland Avenue in Redmond, Oregon. The efficiently shaped parcel features rare unrestricted 35-foot access directly to Highway 126/Highland Avenue and is zoned General Residential (R4), allowing for multifamily, townhomes, cottage clusters, and other residential development, subject to buyer verification. The site has minimal topographical challenges, is located approximately 1.5 miles west of Highway 97 and downtown Redmond, permits certain commercial uses through a conditional use permit, and is situated within the Enterprise Zone, providing an outstanding opportunity for residential or mixed-use development.

Property Facts

Price $1,562,913 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Master Planned Community
  • Planned Unit Development
Total Lot Size 3.99 AC
Zoning R-4 - General Residential (R4) Commercial uses allowed under conditional use permit

1 Lot Available

Lot

Price $1,562,913 CAD
Price Per AC $391,707.52 CAD
Lot Size 3.99 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
124207
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$139,355 CAD
  • Listing ID: 41178393

  • Date on Market: 2026-07-06

  • Last Updated:

  • Address: 3131 SW Highland Ave, Redmond, OR 97756

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