405 Umatilla AveRedmond, OR 97756

Property Details for 405 Umatilla Ave

Lot size

1.42 AC

Property type

Industrial land

APN

151321 D0 00314

APU

151321D000314

Description

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.

Location Insight

City

Redmond

County

Deschutes

State

Oregon

Latitude

44.2518

Longitude

-121.171

CBSA code

13460

CBSA name

BEND, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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