0 Veterans WayRedmond, OR 97756

Property Details for 0 Veterans Way

Lot size

3.50 AC

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 3.5-acre industrial land parcel, comprised of four tax lots (01200, 00119, 01100, 00103), presents a compelling investment opportunity in Redmond, Oregon. Located on SW Veterans Way, this property boasts M-2 Heavy Industrial zoning, allowing for a wide range of uses. Situated within Redmond's Enterprise Zone, it offers potential tax incentives for employers. The site benefits from its proximity to US Highway 97 and Redmond Airport (less than one mile). Utilities are readily available at the property line. A clean Phase I & II environmental audit was completed on June 15, 2022. The property also includes a weigh station, adding significant value. Note that lot #01200 is undergoing a lot line adjustment, resulting in a 0.40-acre reduction in size after the adjustment. This property is ideal for owner-users seeking to build a custom facility or for investors looking to land bank in a prime location. All four tax lots must be purchased together. The asking price is $1,143,450, with a land value of $7.50 per square foot. Tax maps are #151316DC/#1513165DD. Easy access to major transportation arteries makes this a highly desirable location for industrial and heavy commercial development.

Location Insight

City

Redmond

County

Deschutes

State

Oregon

Latitude

44.2628

Longitude

-121.176

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