For Sale
$790,000

405 Umatilla Ave Redmond, OR 97756

1.42-acre lot, light industrial zoning. Prime Redmond location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1.42-acre parcel of land presents a compelling investment opportunity in Redmond, Oregon. Zoned for Light Industrial (M-1) use, this property offers significant potential for a variety of commercial ventures. Located at 405 SW Umatilla Ave, 97756, this site boasts convenient access to key transportation arteries, including easy connection to Highway 97 via SE Airport Way. Its proximity to downtown Redmond (2 miles) and the Redmond Airport (0.7 miles) ensures excellent accessibility for both employees and clients. All utilities are readily available at the site, simplifying development and reducing upfront costs. Furthermore, the property's location offers the added benefit of access to Enterprise Zone incentives for qualifying businesses, potentially leading to significant tax advantages. The land is priced at $790,000, translating to a land value of $12.77 per square foot. Situated just 16.4 miles from Bend, this property combines the advantages of a thriving local market with easy access to a larger regional center. This is a rare opportunity to acquire a well-located, readily developable industrial site in a rapidly growing area.

Highlights

  • Easy access to Highway 97 via SE Airport Way.
  • All utilities on-site.
  • 16.4 miles from Bend.
  • 2 miles from downtown Redmond.
  • 0.7 miles from Redmond Airport.
  • Enterprise Zone benefits available to qualifying businesses.

Property Details for 405 Umatilla Ave

Property type
Land
Lot Size (sq. ft)
61,855 SF

Location Insight

City
Redmond
County
Deschutes
State
Oregon
Latitude
44.251807
Longitude
-121.171331

FAQs

What type of property is this?
Land - 1.42-acre lot, light industrial zoning. Prime Redmond location.
Where is the land located?
The property is located at 405 Umatilla Ave Redmond, OR.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Easy access to Highway 97 via SE Airport Way.; All utilities on-site.; 16.4 miles from Bend.
How can I contact the broker?
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405 Umatilla Ave
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